Choice Properties Renews Unit Buyback Program

Dow Jones
Nov 19, 2025
 

By Robb M. Stewart

 

Choice Properties Real Estate Investment Trust has the go-ahead from the Toronto Stock Exchange for a program to buy back up to about 10% of the trust's units over a 12-month period.

The Canadian real estate investment trust said Wednesday the exchange accepted its plans for a normal course issuer bid, allowing it to buy as many as 24.4 million trust units through Nov. 20, 2026.

Under the buyback program set to expire Thursday, Choice Properties has purchased 282,657 of the up-to 27.6 million units it was approved to buy.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

November 19, 2025 08:51 ET (13:51 GMT)

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