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Waypoint REIT Announces Change in Director’s Interest

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Waypoint REIT Announces Change in Director’s Interest

Waypoint REIT Ltd. ( (AU:WPR) ) has shared an announcement.

Waypoint REIT Ltd. has announced a change in the director’s interest notice, specifically regarding the securities held by Director Hadyn James Stephens. The change involves the expiry of a 24-month hold restriction on 50% of the deferred ordinary securities related to the 2022 Short-Term Incentive (STI) award. This adjustment reflects the company’s ongoing management of its executive compensation structure, which may impact stakeholders’ perception of the company’s governance and financial strategies.

More about Waypoint REIT Ltd.

Waypoint REIT Ltd. operates in the real estate investment trust (REIT) industry, focusing on investment in high-quality properties. The company is structured through the stapling of shares of Waypoint REIT Limited and units of Waypoint REIT Trust, providing a diversified portfolio of real estate assets.

YTD Price Performance: 0.86%

Average Trading Volume: 1,233,593

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.6B

See more insights into WPR stock on TipRanks’ Stock Analysis page.

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