Sekisui House Reit ( (JP:3309) ) has shared an announcement.
Sekisui House Reit, Inc. has successfully completed its investment units buyback program, as resolved at their Board of Directors Meeting in December 2024. The company acquired a total of 26,053 investment units at approximately 1.99 billion yen through market purchases via the Tokyo Stock Exchange. The buyback aimed to enhance the value for stakeholders by reducing outstanding investment units, with the remaining units scheduled for cancellation by the end of the fiscal period in April 2025.
More about Sekisui House Reit
Sekisui House Reit, Inc. is a prominent player in the real estate investment trust (REIT) industry, focusing primarily on the acquisition and management of real estate assets. The company operates under the umbrella of Sekisui House Asset Management, Ltd., which manages its investment portfolio.
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.27B
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