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Waypoint REIT Ltd. ( (AU:WPR) ) just unveiled an update.
Waypoint REIT Ltd. announced the issuance of 283,647 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and will not be listed on the ASX until these restrictions are lifted, indicating a strategic move to align employee interests with company performance.
The most recent analyst rating on (AU:WPR) stock is a Hold with a A$2.70 price target. To see the full list of analyst forecasts on Waypoint REIT Ltd. stock, see the AU:WPR Stock Forecast page.
More about Waypoint REIT Ltd.
Waypoint REIT Ltd. is a real estate investment trust that focuses on owning and managing a portfolio of retail properties across Australia. The company primarily invests in service station and convenience retail properties, providing stable and long-term income streams.
Average Trading Volume: 1,937,366
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
See more data about WPR stock on TipRanks’ Stock Analysis page.