RAM Essential Services Property Fund ( (AU:REP) ) just unveiled an update.
RAM Essential Services Property Fund has announced a daily update on its ongoing buy-back program, which involves the repurchase of its fully paid units stapled securities. As of the latest update, the company has bought back a total of 2,607,151 securities, with 46,382 acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund operates in the real estate industry, focusing on property investment and management. The company primarily deals with essential service properties, which are crucial for community infrastructure and services.
YTD Price Performance: -3.33%
Average Trading Volume: 387,242
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$291.8M
For detailed information about REP stock, go to TipRanks’ Stock Analysis page.