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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) has issued an update.
Region Group has announced an update regarding its ongoing on-market buy-back of fully paid units stapled securities, under the ASX code RGN. The company reported that it bought back a total of 261,075 securities on the previous day, adding to the cumulative total of 2,710,973 securities repurchased prior to 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 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: 2,499,080
Technical Sentiment Signal: Buy
Current Market Cap: A$2.79B
Find detailed analytics on RGN stock on TipRanks’ Stock Analysis page.