Qualitas Real Estate Income Fund (ASX : QRI) announces an Equity buyback for 22,549,719 shares, representing 10% of its issued share capital.
April 08, 2020 at 05:00 am
Qualitas Real Estate Income Fund (ASX : QRI) announces a share repurchase program. Under the program, the company will repurchase up to 22,549,719 shares, representing 10% of its issued share capital. The purpose of the repurchase program is capital management. The program will be valid until April 7, 2021. As of April 8, 2020, the company has 225,497,199 shares in issue.
Evans & Partners Pty Limited acted as broker to the company.