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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) has provided an announcement.
Region Group has announced an update regarding its ongoing buy-back program for its fully paid units stapled securities, identified by the ASX code RGN. The company has been actively buying back its securities, with a total of 7,873,997 securities bought back before the previous day and an additional 544,520 securities on the previous day. This buy-back initiative reflects 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 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: 18.64%
Average Trading Volume: 2,589,988
Technical Sentiment Signal: Buy
Current Market Cap: A$2.76B
Find detailed analytics on RGN stock on TipRanks’ Stock Analysis page.