Post by
HermannHaller on Mar 28, 2024 8:56am
MRG.UN is buying back shares
Over the last few days the REIT has resumed buying back units, maximum amount allowed per day under the NCIB.
Last year they bought back 1.4 million, about 5% of the float. They renewed the NCIB in January to buy 2.8 million, or 10% this year.
Looks like its helping the price. The BV is $43.13...so they should buy back as muych as possible!
GLTA