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Waypoint REIT Ltd. ( (AU:WPR) ) has issued an update.
Waypoint REIT has announced an update on its ongoing on-market buy-back program, with a total of 393,498 securities bought back on the previous day, adding to the 6,570,334 securities already acquired. This buy-back initiative is part of the company’s strategy to optimize its capital structure and 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 is a real estate investment trust that focuses on owning and managing a portfolio of high-quality properties. The company primarily invests in retail properties, aiming to provide stable income and capital growth for its stakeholders.
Average Trading Volume: 1,922,596
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
For detailed information about WPR stock, go to TipRanks’ Stock Analysis page.