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Investore announces share buyback programme

The property fund's share price is significantly lower than net tangible assets.

Investore owns a portfolio of large format retail assets.

Andrew Bevin Thu, 30 Jun 2022

Investore Property will buy back as much as 5% of shares on issue using debt headroom, it told shareholders at its annual meeting this morning.

The NZX-listed large format retail property fund, managed by Stride Property, didn’t give much other detail to the buyback, which was announced by chair

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Andrew Bevin Thu, 30 Jun 2022
Contact the Writer: andrew@nbr.co.nz
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Investore announces share buyback programme
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