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US Masters Residential Property Fund Updates On-Market Buy-Back Program
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US Masters Residential Property Fund Updates On-Market Buy-Back Program

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An update from US Masters Residential Property Fund ( (AU:URF) ) is now available.

The US Masters Residential Property Fund has announced an update on its ongoing on-market buy-back program. As per the latest notification, the company repurchased 193,200 securities on the previous day, contributing to a total of 32,729,304 securities bought back since the initial notification. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively and may enhance shareholder value by potentially increasing the earnings per share.

More about US Masters Residential Property Fund

US Masters Residential Property Fund operates in the real estate investment industry, focusing on acquiring and managing residential properties in the United States. The company is known for its investments in fully paid units stapled securities, forming a stapled entity known as US Masters Residential Property Group.

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.

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