TSE:8956REITs
NTT UD REIT Investment (TSE:8956): Valuation Check After New Buyback and Unit Cancellation Plan
NTT UD REIT Investment (TSE:8956) just doubled down on unitholders, with its board approving a buyback and cancellation plan that targets roughly 3% of units, funded from existing cash resources.
See our latest analysis for NTT UD REIT Investment.
The buyback decision comes after a steady run, with the share price delivering a double digit year to date return of 15.7% and a robust 24.18% one year total shareholder return. This suggests positive momentum despite weaker recent earnings.
If this...