US Masters Residential Property Fund (AU:URF) has released an update.
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US Masters Residential Property Fund has announced a daily update on its ongoing on-market buy-back program, reporting the acquisition of 150,526 fully paid units stapled securities on the previous day. This move is part of their strategy to optimize capital management and potentially enhance shareholder value. Investors in the property fund sector might find this buy-back activity indicative of the fund’s confidence in its future prospects.
For further insights into AU:URF stock, check out TipRanks’ Stock Analysis page.