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An update from Shopping Centres Australasia Property Group RE ( (AU:RGN) ) is now available.
Region Group, listed under the ASX security code RGN, has announced an update regarding its ongoing on-market buy-back program for its fully paid units stapled securities. The latest notification reveals that a total of 34,976 securities were bought back on the previous day, adding to the cumulative total of 7,142,473 securities repurchased before that day. This buy-back initiative is part of 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: 2,541,611
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.79B
For detailed information about RGN stock, go to TipRanks’ Stock Analysis page.