Report
Florent Laroche-Joubert

Terreïs : Opening of the public share buyback and target price revised down following the detachment of the dividend

>Opening of the public share buyback on 3 July 2019 - The public buyback of Terreïs’ shares opens today and yesterday the group made available a document detailing "information on the legal, financial and accounting characteristics of Terreïs", relative to its public share buyback plan.To recap and following the publication of the AMF’s approval (visa n°19-297), the planned time frame for the operation, settlement, delivery and public share buyback, is as follows...
Underlying
Terreis

Terreis a property management company. Co. specializes in acquiring, managing or building properties which generate rental income. Co.'s portfolio consists mainly of office and retail premises essentially located in Paris, France. For commercial premises, priority is given to properties with uncapped rent (travel agencies, estate agencies, professional practices) located in the main commercial districts right in the heart of the city center. For offices, Co. excludes high-rise buildings from its portfolio. In Paris, priority is given to historic properties in a prime location.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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