GO Residential Real Estate Investment Trust (GO-U.TO) announced late Friday that in connection with its previously announced normal course issuer bid to purchase up to around 2.64 million trust units, it entered into an automatic unit purchase plan (AUPP) with a designated broker.
The AUPP is intended to allow for the purchase of units under the NCIB at times when the REIT would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary self-imposed blackout periods, said the REIT.
"Pursuant to the AUPP, the REIT has instructed the designated broker to make purchases under the NCIB in accordance with the terms of the AUPP," stated the REIT.
The AUPP has been pre-cleared by the TSX and will be implemented on May 15, the REIT added.
The NCIB began on Jan. 9, 2026 and ends on Jan. 8, 2027, said the REIT and added that all purchases made under the AUPP will be included in computing the number of units purchased under the NCIB.