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American Hotel Income Properties REIT LP Announces Completion of Its Normal Course Issuer Bid
VANCOUVER, British Columbia, Nov. 24, 2025 (GLOBE NEWSWIRE) -- American Hotel Income Properties R...
About this update from American Hotel Income Properties Reit Lp
[{"type":"text","content":"American Hotel Income Properties REIT LP Announces Completion of Its Normal Course Issuer Bid\n\n\n\n VANCOUVER, British Columbia, Nov. 24, 2025 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“\n \n AHIP\n \n ”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced that it has completed its normal course issuer bid (the “\n \n NCIB\n \n ”) and related automatic securities purchase plan (“\n \n ASPP\n \n ”) that commenced on December 30, 2024.\n \n\n AHIP has purchased a total of 7,521,189 units of AHIP under the NCIB and ASPP, representing approximately 10% of its public float at the commencement of the NCIB. The units were purchased at a weighted average price of Cdn$0.43 per unit. AHIP currently has 71,890,348 units outstanding.\n \n\n AHIP intends to apply in December 2025 to renew its NCIB and ASPP for a further twelve months from December 30, 2025 to December 29, 2026, subject to acceptance of the Toronto Stock Exchange.\n \n\n\n ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP\n \n\n\n American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP’s portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton and IHG Hotels through license agreements. AHIP’s long-term objectives are to increase the value of its hotel properties through operating excellence, active asset management and value-adding capital expenditures and increase unitholder value and distributions to unitholders. More information is available at\n \n www.ahipreit.com\n \n .\n \n\n\n FORWARD-LOOKING INFORMATION\n \n\n\n\n Certain statements in this news release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate”, “believe”, “continue”, “expect”, “estimates”, “intend”, “may”, “outlook”, “objective”, “plans”, “should”...