H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s): HRUFF

Real Estate REIT - Diversified

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the United States and its portfolio comprises 8,166 residential rental units. The Industrial segment consists of 66 industrial properties in Canada and two properties in the United States comprising 8.7 million square feet. The Office segment consists of 17 properties in Canada and three properties in select markets in the United States, aggregating 5.5 million square feet. The Retail segment consists of 34 properties in Canada, which are single tenant properties as well as two single tenant retail properties and one multi-tenant retail property in the United States.

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H&R Real Estate Investment Trust > NCIB - any reason why on pause since Aug22?

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Post by Mephistopheles3on Nov 11, 2022 1:26pm

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Post# 35091964

NCIB - any reason why on pause since Aug22?

Hey all,

Ahead of earnings release, is there any speculation as to why the NCIB was put on pause on Aug 22, 2022? Since then, the stock has drifted down quite a bit.

The quarterly FS was released on August 11, 2022 and the commentary on the buybacks are right at the top in terms of importance. In the investor presentation for Q2, it's right there as priority # 4 on p.14. So what happened here? They have the liquidity. Is it just plain conservatism with the all the events in the world or a possible SIB?

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