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Dexus Convenience Retail REIT Reports Ongoing On-Market Buy-Back Activity

Story Highlights
  • Dexus Convenience Retail REIT is an ASX-listed trust focused on income-driven convenience retail properties in Australia.
  • The REIT continues its on-market buy-back, having repurchased over 1.5 million stapled securities to date as part of its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dexus Convenience Retail REIT Reports Ongoing On-Market Buy-Back Activity

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Dexus Convenience Retail REIT ( (AU:DXC) ) just unveiled an update.

Dexus Convenience Retail REIT, listed on the ASX under the code DXC, operates as a real estate investment trust specialising in convenience retail assets such as fuel and roadside retail properties. The trust offers investors access to a portfolio of income-focused, necessity-based retail properties spread across key Australian locations.

The REIT has provided an updated notification on its on-market buy-back program for its fully paid stapled securities. As of the latest daily report dated 20 March 2026, it has repurchased a cumulative total of 1,508,732 securities prior to the previous day and a further 8,821 securities on the preceding trading day, indicating continued active capital management aimed at reducing the number of units on issue and potentially supporting unit prices for investors.

The most recent analyst rating on (AU:DXC) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.

More about Dexus Convenience Retail REIT

Dexus Convenience Retail REIT is an Australian listed real estate investment trust focused on convenience retail properties. Its portfolio typically comprises service station and convenience retail assets, providing investors with exposure to income-generating, staple-need retail infrastructure across Australia.

Average Trading Volume: 175,220

Technical Sentiment Signal: Buy

Current Market Cap: A$377.5M

For a thorough assessment of DXC stock, go to TipRanks’ Stock Analysis page.

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