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US Masters Residential Property Fund ( (AU:URF) ) has issued an update.
The US Masters Residential Property Fund announced a daily update on its buy-back program, highlighting the purchase of 5,000 fully paid units stapled securities on the previous day. This ongoing buy-back initiative reflects the company’s commitment to enhancing shareholder value and optimizing its capital management strategy, potentially impacting its market positioning by reducing the number of outstanding securities.
More about US Masters Residential Property Fund
US Masters Residential Property Fund operates in the real estate investment industry, primarily focusing on residential properties. The company is involved in investing in and managing residential property assets, with a market focus on maximizing investor returns through strategic property buy-backs.
YTD Price Performance: -1.39%
Average Trading Volume: 558,902
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$245.5M
See more insights into URF stock on TipRanks’ Stock Analysis page.
