NewRiver REIT Updates Total Voting Rights Post-Share Buyback

The latest announcement is out from NewRiver REIT ( (GB:NRR) ).

NewRiver REIT plc announced a correction to its previous statement regarding total voting rights, adjusting the figure to 425,984,057 following a share buyback. This update is crucial for shareholders to accurately assess their interests under the FCA’s Disclosure Guidance and Transparency Rules, ensuring compliance and transparency in shareholder communications.

The most recent analyst rating on (GB:NRR) stock is a Buy with a £90.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.

Spark’s Take on GB:NRR Stock

According to Spark, TipRanks’ AI Analyst, GB:NRR is a Outperform.

NewRiver REIT benefits from strong corporate events and a favorable valuation, supported by positive technical indicators. Financial performance is solid but tempered by high leverage risks.

To see Spark’s full report on GB:NRR stock, click here.

More about NewRiver REIT

NewRiver REIT plc is a prominent Real Estate Investment Trust in the UK, focusing on acquiring, managing, and developing robust retail assets. Following its acquisition of Capital & Regional in December 2024, NewRiver’s portfolio includes 27 community shopping centres and 13 retail parks, emphasizing essential goods and services. The company manages assets worth £2.4 billion, aiming to maintain a resilient retail portfolio for long-term income and capital growth. NewRiver is listed on the London Stock Exchange under the ticker NRR.

Average Trading Volume: 880,540

Technical Sentiment Signal: Buy

Current Market Cap: £335.1M

See more data about NRR stock on TipRanks’ Stock Analysis page.