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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 company has repurchased a total of 6,715,728 securities before the previous day and an additional 426,745 securities on the previous day. This buy-back initiative is part of Region Group’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial health.
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
YTD Price Performance: 19.14%
Average Trading Volume: 2,528,802
Technical Sentiment Signal: Buy
Current Market Cap: A$2.78B
For an in-depth examination of RGN stock, go to TipRanks’ Overview page.