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RAM Essential Services Property Fund ( (AU:REP) ) has issued an announcement.
RAM Essential Services Property Fund has announced an update on its buy-back program for its fully paid units stapled securities, under the ASX code REP. The company bought back 125,000 securities on the previous day, bringing the total number of securities bought back to 1,505,578. This ongoing buy-back program may impact the company’s market position by potentially increasing shareholder value and indicating confidence in the company’s current valuation.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund operates within the real estate industry, focusing on the management and investment in essential service properties. This includes a portfolio of properties that provide critical services, potentially targeting sectors such as healthcare, retail, and logistics.
YTD Price Performance: -3.33%
Average Trading Volume: 440,149
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$292.6M
Learn more about REP stock on TipRanks’ Stock Analysis page.
