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H&R REIT renews normal course issuer bid

H&R Real Estate Investment Trust said the Toronto Stock Exchange approved its plan to make a normal course issuer bid for up to 15.0 million of its units on the open market.

The REIT noted that the bid, which represents about 5.33% of its public float as of Dec. 2, will begin Dec. 17.

The company's current normal course issuer bid, whereby it planned to buy up to 15.0 million trust units, is set to expire Dec. 16.