Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.UN | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E

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Post by Warrior99on Dec 05, 2018 10:33pm

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Post# 29073416

At this buy back pace AX needs 7 months just to .....

.......... neutralize the one (1!) persons compensation within that organization. Needless to guess who.. Yup, the "$4.4+ million 21st Century Man".

$0.54/share dividend cut (that "there was no even discussion of happening"!) x 59K shares daily x 20 days/month x 7 months = $4.4+ million!!

So, till the middle of next year 2019 at this pace AX with this puny buyback pace will barely catch up that they paid this liar.

No wonder, SP does not move a needle meaningfully.

But supposedly, one day we get the news that one activist has had enough of this clown show and this "$4.4+ million liar" has been canned, the AX would spike instantly more that CUF did today.

Snake, you can bet on that!

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