Remco Daal Purchases 1,500 Shares of Granite Real Estate Investment Trust (TSE:GRT) Stock

Granite Real Estate Investment Trust (TSE:GRT – Get Rating) Director Remco Daal acquired 1,500 shares of the firm’s stock in a transaction on Thursday, June 16th. The shares were bought at an average price of C$76.50 per share, for a total transaction of C$114,750.00. Following the completion of the transaction, the director now owns 24,500 shares of the company’s stock, valued at C$1,874,250.

Granite Real Estate Investment Trust has a 52-week low of C$30.78 and a 52-week high of C$38.97.

Granite Real Estate Investment Trust (TSE:GRT – Get Rating) last issued its quarterly earnings results on Wednesday, May 11th. The real estate investment trust reported C$7.56 earnings per share for the quarter, topping the consensus estimate of C$1.05 by C$6.51. The business had revenue of C$108.59 million during the quarter.

Granite Real Estate Investment Trust Company Profile (Get Rating)

Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.

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