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US Masters Residential Property Fund Announces On-Market Buy-Back

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US Masters Residential Property Fund Announces On-Market Buy-Back

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US Masters Residential Property Fund ( (AU:URF) ) has issued an announcement.

US Masters Residential Property Fund has announced an on-market buy-back of its fully paid units stapled securities under the ASX security code URF. This strategic move is expected to enhance shareholder value by potentially increasing the value of remaining shares and reflecting confidence in the company’s financial health. This buy-back could positively impact the company’s market positioning and provide benefits to its stakeholders.

More about US Masters Residential Property Fund

US Masters Residential Property Fund is involved in the real estate industry, focusing on the acquisition, management, and sale of residential properties primarily in the United States. The company is dedicated to providing investors with opportunities to invest in a diversified portfolio of U.S. residential real estate.

YTD Price Performance: 11.11%

Average Trading Volume: 622,448

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$276.7M

See more insights into URF stock on TipRanks’ Stock Analysis page.

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