Brookfield Property Partners L.P. T.BPY.UN

RE:Buybacks Haven't Started Yet.

[dileas48s]

and, just to clarify the PR was clear that any shares purchased under this plan will be immediately cancelled, as opposed to the special bid where those shares were not cancelled - the float will therefore be reduced.
~dileas

RetiredCEO wrote: BPY is moving up today, and it's due to demand not coming from the buyback yet. Add in BAM/BPY buyback purchasing starting tomorrow, and use your imagination on how the stock price may react. D.UN I have also been following as they are under a regular buyback program as well right now, and it has been under strong support from these initiatives (recently restarted). I expect the same here for BPY.

The notice provides that BPY may, during the twelve-month period commencing September 15, 2020 and ending September 14, 2021, purchase on the TSX, the Nasdaq Stock Market (Nasdaq) and any alternative Canadian or U.S. trading system, up to 31,602,923 limited partnership units, representing approximately 10% of its public float.