An announcement from Irish Residential Properties REIT ( (GB:0QT8) ) is now available.
Irish Residential Properties REIT plc announced the purchase and cancellation of 813,929 ordinary shares as part of its ongoing share buy-back programme. This move is in line with the company’s strategy to manage its capital structure effectively and could potentially enhance shareholder value by reducing the number of shares outstanding.
More about Irish Residential Properties REIT
Irish Residential Properties REIT plc (I-RES) is a growth-oriented Real Estate Investment Trust focusing on providing quality, professionally managed homes in sustainable communities across Ireland. The company aims to be the leading provider in the Irish living sector, known for excellent service and responsible operations, with a commitment to minimizing environmental impact and maximizing community contributions. I-RES is listed on Euronext Dublin.
YTD Price Performance: 13.26%
Average Trading Volume: 240,427
Technical Sentiment Signal: Sell
Current Market Cap: €519.2M
Find detailed analytics on 0QT8 stock on TipRanks’ Stock Analysis page.