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An update from Centuria Industrial REIT ( (AU:CIP) ) is now available.
Centuria Industrial REIT has announced an update on its ongoing buy-back program, with a total of 9,434,826 securities bought back before the previous day and an additional 143,000 securities repurchased on the previous day. This buy-back initiative is part of the company’s strategic efforts to enhance shareholder value and optimize its capital structure, reflecting a proactive approach to managing its financial resources and market positioning.
The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.63 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.
More about Centuria Industrial REIT
Centuria Industrial REIT operates in the real estate investment trust (REIT) industry, focusing on industrial properties. Its primary services include the acquisition, management, and leasing of industrial assets across Australia, catering to a diverse range of tenants and investors.
Average Trading Volume: 1,844,157
Technical Sentiment Signal: Buy
Current Market Cap: A$2.17B
Find detailed analytics on CIP stock on TipRanks’ Stock Analysis page.