TSX:REI.UNRetail REITs
RioCan (TSX:REI.UN): Assessing Valuation Following New 10% Share Buyback Authorization
RioCan Real Estate Investment Trust (TSX:REI.UN) announced a new share buyback program, with approval to repurchase nearly 10% of its outstanding units. Investors often view buybacks as a signal of management’s belief in the business’s underlying value.
See our latest analysis for RioCan Real Estate Investment Trust.
RioCan’s latest buyback plans come on the heels of several positive updates, including fresh lease agreements at Toronto’s The Well and a recently affirmed monthly distribution...