Bullboard - Stock Discussion Forum American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals... see more

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TSX:HOT.DB.V - Post Discussion

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > Buyback program starts

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Post by BudFox198777777 on Dec 23, 2024 10:54am

Buyback program starts

''The notice provides that AHIP may, during the twelve-month period commencing December 30, 2024 and ending December 29, 2025, purchase up to 7,521,189 units of AHIP trading under the symbols, representing 10% of the “public float”.''

Makes sense at these prices and once the float gets drastically reduced, bring back a good dividend.