The announcement that one of the region’s largest REITs is buying back shares again, comes after the company sold 17 malls for nearly $3 billion. According to the South China Morning Post, Link REIT will buy back 80 million shares for a cost of $743 million — the calculation was based on Wednesday’s closing price, which dipped 0.7 percent after the announcement. Last year, the REIT bought back 64.5 million of its shares. Considered among […]
source https://therealdeal.com/2018/06/09/for-second-year-major-hong-kong-reit-buys-back-shares/
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