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RAM Essential Services Property Fund ( (AU:REP) ) has issued an announcement.
RAM Essential Services Property Fund is engaging in an on-market buy-back of its securities, specifically REP fully paid units stapled securities. The latest update indicates that a total of 557,685 securities were bought back before the previous day, with an additional 35,224 securities bought back on the previous day. This move is part of a strategic effort initiated on December 5, 2024, and it suggests a focus on consolidating the company’s market position and potentially enhancing shareholder value.
More about RAM Essential Services Property Fund
YTD Price Performance: -3.33%
Average Trading Volume: 414,962
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$292.6M
See more insights into REP stock on TipRanks’ Stock Analysis page.
