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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) has shared an announcement.
Region Group has announced an update regarding its ongoing on-market buy-back program for its fully paid units stapled securities, identified by the ASX security code RGN. The latest notification reveals that the company bought back 207,583 securities on the previous day, contributing to a total of 2,158,930 securities repurchased before that day. This buy-back initiative is part of Region Group’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.50 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: 3,183,576
Technical Sentiment Signal: Buy
Current Market Cap: A$2.83B
See more insights into RGN stock on TipRanks’ Stock Analysis page.