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Waypoint REIT Ltd. ( (AU:WPR) ) has shared an update.
Waypoint REIT has announced an update on its ongoing on-market buy-back program, revealing that a total of 537,579 securities were bought back on the previous day, adding to the cumulative total of 10,899,136 securities repurchased. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and offering benefits to its stakeholders.
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 focusing on owning and managing a portfolio of high-quality properties. The company primarily invests in retail properties across Australia, providing stable and secure income streams for its investors.
Average Trading Volume: 1,961,797
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
See more insights into WPR stock on TipRanks’ Stock Analysis page.