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RAM Essential Services Property Fund ( (AU:REP) ) has shared an announcement.
RAM Essential Services Property Fund has announced a daily notification regarding their ongoing buy-back program. The latest update reports a purchase of 98,500 securities, contributing to a total of 945,096 securities bought back so far. This buy-back initiative is part of their strategy to manage capital effectively, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund operates in the real estate industry, focusing on essential services properties. It provides investment opportunities in real estate assets, particularly those offering essential services and is listed on the Australian Securities Exchange (ASX).
YTD Price Performance: -2.50%
Average Trading Volume: 415,851
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$295.1M
For a thorough assessment of REP stock, go to TipRanks’ Stock Analysis page.
