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Sekisui House Reit ( (JP:3309) ) just unveiled an announcement.
Sekisui House Reit, Inc. announced a correction to its financial results briefing for the fiscal period ended October 2024, reducing the previously stated buyback amount from 20 billion JPY to 2 billion JPY for the subsequent financial period. This correction may impact the trust’s financial strategy and stakeholder expectations as it adjusts its capital allocation plan.
More about Sekisui House Reit
Sekisui House Reit, Inc. is a real estate investment trust (REIT) that focuses on managing a diverse portfolio of real estate assets. The company is involved in acquiring, leasing, and managing properties, primarily in the residential and commercial sectors, and is guided by Sekisui House Asset Management, Ltd.
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.2B
For a thorough assessment of 3309 stock, go to TipRanks’ Stock Analysis page.