Triple Point Social rises after announcing share buyback, property sale

Living Reit

18/04/2023 12:26

** Shares of Triple Point Social Housing REIT  SOHO.L  rise
8.9% to 52.6p, leading the small mid-cap index  .FTSC 
    ** Shares on track for their best day in more than three
years and stock is top gainer on the LSE  .PG.L 
    ** SOHO announces intention to buy back shares worth up to 5
mln pounds ($6.2 mln) 
    ** Also announces appointment of an adviser to undertake
sale of some of its properties
    ** SOHO stock down 14.63% YTD

 (Reporting by Aniruddha Ghosh)
 ((Aniruddha.ghosh@thomsonreuters.como))