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Waypoint REIT Ltd. ( (AU:WPR) ) has shared an announcement.
Waypoint REIT Ltd. announced an update regarding its ongoing on-market buy-back program, with a daily notification revealing that 526,437 securities were bought back on the previous day, adding to a total of 7,396,069 securities repurchased so far. This buy-back initiative is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial stability.
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. operates in the real estate investment trust (REIT) industry, focusing on owning and managing a portfolio of properties. The company primarily deals in fully paid ordinary units stapled securities, with a market focus on real estate investments.
Average Trading Volume: 1,910,926
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
For detailed information about WPR stock, go to TipRanks’ Stock Analysis page.