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Waypoint REIT Updates on Market Buy-Back Program

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Waypoint REIT Updates on Market Buy-Back Program

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The latest update is out from Waypoint REIT Ltd. ( (AU:WPR) ).

Waypoint REIT has announced an update regarding its ongoing on-market buy-back program, with a total of 440,940 securities bought back on the previous day, adding to the cumulative total of 9,942,811 securities repurchased. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a proactive approach to managing its financial resources and market presence.

The most recent analyst rating on (AU:WPR) stock is a Buy 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 is a real estate investment trust that focuses on owning and managing a portfolio of properties, primarily in the retail sector. The company is listed on the Australian Securities Exchange (ASX) and is involved in the acquisition and management of retail properties across Australia.

Average Trading Volume: 1,966,740

Technical Sentiment Signal: Buy

Current Market Cap: A$1.74B

Learn more about WPR stock on TipRanks’ Stock Analysis page.

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