Today: 31 March 2026
Browse Category

NYSE:HERC 9 March 2026

Sunbelt Rentals Holdings starts $1.5 billion buyback after NYSE debut, buys 663,882 shares in first week

Sunbelt Rentals Holdings starts $1.5 billion buyback after NYSE debut, buys 663,882 shares in first week

Sunbelt Rentals Holdings repurchased 663,882 shares worth about £36.2 million between March 2 and March 6, its first buyback after moving its main listing to New York. The shares were bought on the London Stock Exchange and will be held in treasury. Sunbelt’s NYSE shares rose 1.25% to $75.36 on Monday. The company’s next earnings call is set for March 12.

Stock Market Today

  • TSX Stock Canadian Apartment Properties REIT Seen as Undervalued Buy
    March 30, 2026, 9:42 PM EDT. Canadian Apartment Properties REIT (TSX:CAR.UN), Canada's largest residential real estate investment trust (REIT), offers an attractive buying opportunity after an extended sell-off. The stock has been pressured mainly by macroeconomic challenges like rising interest rates, which elevate borrowing costs, and concerns over immigration and rent growth slowing. Despite these headwinds, CAPREIT's core fundamentals remain solid with steady occupancy and resilient rental demand. The REIT's valuation has become more appealing, trading around 13 times forward funds from operations (FFO), indicating potential undervaluation. Investors seeking durable income and growth may consider this oversold stock poised for recovery as market sentiment shifts.
Go toTop