RioCan Real Estate Investment Trust Establishes Automatic Securities Repurchase Plan

TORONTO, Dec. 12, 2022 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it has established an automatic securities purchase plan (“ASPP”) in connection with its previously announced normal course issuer bid (“NCIB”) applicable to its outstanding trust units (“Units”). The ASPP is intended to allow for the purchase of Units under the NCIB at times when RioCan would ordinarily not be permitted to purchase Units due to regulatory restrictions and customary self-imposed blackout periods.

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