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Waypoint REIT Ltd. ( (AU:WPR) ) has issued an update.
Waypoint REIT has announced an update regarding its ongoing on-market buy-back program, reporting the repurchase of 145,000 securities on the previous day, bringing the total number of securities bought back to 14,730,881. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 retail properties. The company primarily deals with fully paid ordinary units stapled securities and is listed on the Australian Securities Exchange under the code WPR.
Average Trading Volume: 1,564,084
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
For an in-depth examination of WPR stock, go to TipRanks’ Overview page.