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IN BRIEF: Schroder Real Estate To Continue With Share Buyback

Fri, 25th Sep 2020 19:34

Schroder Real Estate Investment Trust Ltd - real estate investor - Intends to continue share buyback programme. "As stated previously, the board believes that investment in the SREIT's shares at the prevailing price and discount to net asset value offers attractive value for its shareholders," company said. Has authority to repurchase a maximum of 76.9 million shares.

Current stock price: 30.05 pence

Year-to-date change: down 46%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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