TSX:TNT.UN - Post by User
Comment by
cooper90on Apr 09, 2024 12:02pm
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Post# 35979201
RE:TNT.un
RE:TNT.unIMO they will move on a reasonable distribution reinstatement at the end of Q2 annoucing it during their Q2 results in July
That means for the rest of this quarter they will continue to buy back shares at these crazy low prices and add value for unit holders with a very low float
I thought they would have reinstated at the end of Q1 but it was the right decision to continue to re-purchase and await postive momentum from the pending rate cuts in June
Canada unlike the US has flat to negative growth, negative job growth so they will need to act before the US
Every repeated cut in Canada will be great for REITS!
Good luck!
Regards,
Cooper