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An update from RAM Essential Services Property Fund ( (AU:REP) ) is now available.
RAM Essential Services Property Fund has announced an update regarding its ongoing buy-back of fully paid units stapled securities. As part of their market strategy, they bought back 42,500 securities on the previous day, in addition to the 350,185 securities already repurchased. This move is indicative of the company’s efforts to consolidate its market position by reducing the number of securities in circulation, potentially increasing the value for existing shareholders and signaling confidence in its financial stability.
More about RAM Essential Services Property Fund
YTD Price Performance: -0.84%
Average Trading Volume: 404,392
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$297.8M
For an in-depth examination of REP stock, go to TipRanks’ Stock Analysis page.