US Masters Residential Property Fund Announces On-Market Buy-Back
Key points
- US Masters Residential Property Fund (URF.ASX) to commence on-market buy-back
- Maximum of 68,845,128 securities to be bought back over 12-month period
- Buy-back to be conducted through broker Taylor Collison Limited
Full summary
US Masters Residential Property Fund (URF.ASX) has announced an on-market buy-back of up to 68,845,128 of its fully paid units stapled securities, representing approximately 10% of its total issued capital. The buy-back will commence on 7 April 2026 and is expected to be completed by 6 April 2027. The buy-back will be conducted through broker Taylor Collison Limited. The company has not specified a minimum number of securities to be bought back, and the price to be paid for the securities will be determined by market conditions at the time of purchase. The buy-back does not require security holder approval.
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