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True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.


TSX:TNT.UN - Post by User

True North Commercial REIT > TNT NCIB Weekly as of 2024-02-09
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Comment by HyperCubeon Feb 12, 2024 9:16am
129 Views
Post# 35875208

RE:RE:RE:TNT NCIB Weekly as of 2024-02-09

RE:RE:RE:TNT NCIB Weekly as of 2024-02-09
BlueJay2020 wrote: Go on, tell me exactly how a buyback is a transfer from sharehokders to the company.    


Shareholders own the company. So if you transfer wealth from shareholders to the company, you are effectively transfering wealth from shareholders to shareholders. Therefore that is somewhat meaningless. The real wealth transfer that occurs is from some shareholders to other shareholders.

Depending on whether the units are bought under their true value or above their true value, the transfer goes from those who keep their shares to those who sell them, or vice versa.

In my opinion, in this case the units are bought/sold under their true value and therefore the transfer is from those who sell to those who keep.
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