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Dream Industrial REIT Announces Normal Course Issuer Bid and Automatic Securities Purchase Plan
Dream Industrial REIT (TSX: DIR.UN) announced a normal course issuer bid, approved by the TSX, to purchase up to 27,800,995 of its Units (10% of its public float) for cancellation between March 10, 2025, and March 9, 2026. Daily repurchases are limited to 133,612 Units. They have also established an automatic securities purchase plan to facilitate purchases during restricted periods. The REIT believes purchasing Units at certain prices is in the best interest of the REIT and its unitholders.
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