Business News • MarketWire • Partners Real Estate Investment Trust Announces Intention to Repurchase Up to 400,000 Units |
Partners Real Estate Investment Trust Announces Intention to Repurchase Up to 400,000 Units |
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Partners Real Estate Investment Trust Announces Intention to Repurchase Up to 400,000 Units
VICTORIA, BRITISH COLUMBIA--(Marketwired - Aug. 21, 2013) - Partners Real Estate Investment Trust (the "REIT," or "Partners") (TSX:PAR.UN)(TSX:PAR.DB)(TSX:PAR.DB.A)(TSX:PAR.DB.B) announced today that, subject to the approval of the Toronto Stock Exchange (the "TSX"), the REIT intends to launch a normal course issuer bid through the facilities of the TSX to repurchase up to 400,000 of its units. On August 21, 2013, the REIT had 25,863,861 units issued and outstanding. The REIT will file a notice of intention with the TSX in this regard.
View More : http://www.marketwire.com/mw/release.do?id=1823242&sourceType=3
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