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H&R Announces Entry into Automatic Securities Purchase Plan, Date of Fourth Quarter 2021 Earnings Release, Conference Call and Webcast and Declares January & February 2022 Distributions
H&R Announces Entry into Automatic Securities Purchase Plan, Date of Fourth Quarter 2...
About this update from H&r Real Estate Investment Trust
[{"type":"text","content":"\n \n \n \n H&R Announces Entry into Automatic Securities Purchase Plan, Date of Fourth Quarter 2021 Earnings Release, Conference Call and Webcast and Declares January & February 2022 Distributions\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-RIGHT-STYLE:solid; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-BOTTOM:black 1pt solid\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:initial initial black; BORDER-RIGHT:initial initial black; BORDER-BOTTOM:initial initial black; BORDER-LEFT:initial initial black\n}\n \n \n \n \n \n H&R Announces Entry into Automatic Securities Purchase Plan, Date of Fourth Quarter 2021 Earnings Release, Conference Call and Webcast and Declares January & February 2022 Distributions\n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Jan. 14, 2022\n \n /CNW/ - H&R Real Estate Investment Trust (\"H&R REIT\" or \"H&R\") (TSX: HR.UN) today announced that it has established an automatic securities purchase plan (\"ASPP\") in respect of its previously announced normal course issuer bid (\"NCIB\"). Under the terms of the NCIB, which commenced on\n \n December 16, 2021\n \n , H&R is permitted to repurchase up to 14,000,000 of its units (\"Units\") by\n \n December 15, 2022\n \n .\n \n \n Under the terms of the ASPP, which will remain in effect until the end of H&R's blackout period for its fourth quarter 2021 results, H&R's broker will be permitted to repurchase up to a maximum of 3,600,000 Units according to a prearranged set of criteria. The ASPP enables the purchase of Units at any time, including periods when H&R would not ordinarily be active in the market due to regulatory restrictions and customary self-imposed blackout periods. The ASPP will terminate on the earliest of: the date on which the purchase limits specified in the ASPP have been attained, the date on which the NCIB terminates or the date on which the ASPP is terminated by a ...