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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) has issued an announcement.
Region Group, operating under the ASX security code RGN, has announced an update regarding its ongoing buy-back program of fully paid units stapled securities. The company reported a total of 5,525,482 securities bought back before the previous day, with an additional 529,625 securities acquired on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.40 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.
More about Shopping Centres Australasia Property Group RE
Average Trading Volume: 2,452,748
Technical Sentiment Signal: Buy
Current Market Cap: A$2.76B
For a thorough assessment of RGN stock, go to TipRanks’ Stock Analysis page.