Lorne Kumer Acquires 175 Shares of Granite Real Estate Investment Trust (TSE:GRT) Stock

Granite Real Estate Investment Trust (TSE:GRT – Get Rating) Senior Officer Lorne Kumer acquired 175 shares of the stock in a transaction that occurred on Friday, May 27th. The shares were bought at an average price of C$90.25 per share, with a total value of C$15,793.75. Following the completion of the transaction, the insider now owns 24,760 shares in the company, valued at C$2,234,590.

Granite Real Estate Investment Trust has a 12-month low of C$30.78 and a 12-month high of C$38.97.

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

About Granite Real Estate Investment Trust (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.

Featured Stories

Receive News & Ratings for Granite Real Estate Investment Trust Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Granite Real Estate Investment Trust and related companies with MarketBeat.com’s FREE daily email newsletter.