Finance

Schroder REIT embarks on share buyback

By 2020-09-08T07:39:00

Money

Source: Shutterstock/kamui29

Schroder Real Estate Investment Trust is embarking on a share buyback programme.

The company will acquire a maximum of 77,725,160 of its ordinary shares, funding the buyback from existing cash. No maximum consideration payable has been determined by the company, but it will not pay more than would equate to a premium on the net asset value.

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