An update from RAM Essential Services Property Fund ( (AU:REP) ) is now available.
RAM Essential Services Property Fund announced an update on its ongoing buy-back program, reporting the purchase of 160,000 securities on the previous day, adding to a total of 1,673,078 securities bought back to date. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a proactive approach to managing its financial resources.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund operates in the real estate industry, focusing on property investment and management. The company primarily deals with essential service properties, aiming to provide stable and reliable returns to its stakeholders.
YTD Price Performance: 0.83%
Average Trading Volume: 350,859
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$304.3M
Learn more about REP stock on TipRanks’ Stock Analysis page.