RAM Essential Services Property Fund (ASX:REP) reported a daily on-market buy-back of its ordinary fully paid securities, with 44,983 shares repurchased Monday for about AU$26,754, according to a Tuesday filing with the Australian bourse.
The proposed maximum number of securities to be reacquired is 5.9 million shares, the filing said.
Shares of the company fell almost 1% in recent Tuesday trade.