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RAM Essential Services Property Fund ( (AU:REP) ) just unveiled an update.
RAM Essential Services Property Fund has announced a daily update on its ongoing buy-back program. As of the latest notification, the company repurchased 85,000 securities on the previous day, adding to a total of 265,185 securities bought back prior to that. This buy-back initiative may influence the company’s stock liquidity and potentially impact shareholder value by reducing the number of outstanding shares.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund operates within the property investment industry, focusing on essential services properties. The company’s primary product is fully paid units stapled securities, and it is engaged in managing and investing in properties that serve fundamental needs.
YTD Price Performance: -1.67%
Average Trading Volume: 404,392
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$297.8M
For detailed information about REP stock, go to TipRanks’ Stock Analysis page.
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