Service Properties Trust T.SVC

Primary Symbol: SVC

Real Estate REIT - Diversified

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

NDAQ:SVC - Post by User

Service Properties Trust

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Post by Kings_kidon Jul 10, 2013 9:20am

267 Views

Post# 21598347

share buy back program

I was reading INK Company Insider report this morning. I see Sandvine bought another 104,000 shares back in June. So far since there share buy back program was introduced they have purchased 552,800 shares back and canceled them. I'm sure we would all love to see a few more, however half a million shares is nothing to sneeze at and is a very positive sign for the confidence the company has going forward!

Have a great day!

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