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Service Properties Trust T.SVC


Primary Symbol: SVC

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

Post by 1hot-techwomanon Nov 04, 2016 1:08pm
199 Views
Post# 25425642

Let the company buy-backs commence Nov 7th :) $$$

Let the company buy-backs commence Nov 7th :) $$$Sandvine's Board Approves Plan for Stock Buyback Program CW WATERLOO, ON, Nov. 3, 2016 /CNW/ - Sandvine Corporation (TSX: SVC) ("Sandvine") today announced that its Board of Directors has approved a normal course issuer bid for the purchase of up to 12,481,533 common shares ("Shares"), representing approximately 10% of the public float (as defined in the policies of the Toronto Stock Exchange (the "TSX")) of 124,815,332 Shares outstanding as at October 31, 2016, for cancellation over a one-year period (the "Bid"). Subject to obtaining the approval of the TSX, the Bid will commence on November 7, 2016 and will terminate on November 6, 2017
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