TSX:GRT.UNIndustrial REITs
Is Granite's Share Buyback Program Reshaping Its Capital Allocation Story for TSX:GRT.UN Investors?
Granite Real Estate Investment Trust recently reported its second quarter and six-month 2025 financial results, with sales rising to C$149.26 million and C$303.12 million respectively, compared to the same periods last year.
An interesting highlight from the quarter was the completion of a buyback tranche, reducing the number of outstanding shares by nearly 2%, and marking a key capital return initiative for the company.
As Granite continues its repurchase program, we'll explore how this...