Inland American new REIT Value

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Lurker
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Joined: Sat Mar 19, 2011 2:30 pm

Inland American new REIT Value

Post by Lurker » Fri Jan 13, 2012 11:09 am

December 29th 2011, Inland American announced their new 2012 REIT value as $7.22 down from $8.03.

They announced an expansion (sic) of their Share Repurchase Program. Board has allocated $100 mio to repurchase shares in "the following circumstances - death/estate ($40 mio) disability, long term care ($60 mio)"

Value calculated by Net asset Value (NAV) a process aided by "Real Global Advisors, an independent third party".

The letter telling me all of this arrived the day after the 5th January webcast which was put on to discuss the new share value. There is apparently a replay at http://www.inlandamerican.com" onclick="window.open(this.href);return false;

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