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The latest update is out from Waypoint REIT Ltd. ( (AU:WPR) ).
Waypoint REIT has announced an update on its ongoing on-market buy-back program, revealing that a total of 16,614,665 securities have been bought back before the previous day, with an additional 300,529 securities bought back on the previous day. 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 is a real estate investment trust focused on owning and managing a portfolio of properties. The company primarily deals with fully paid ordinary units stapled securities and is listed on the Australian Securities Exchange (ASX) under the code WPR.
Average Trading Volume: 1,654,357
Technical Sentiment Signal: Buy
Current Market Cap: A$1.76B
Learn more about WPR stock on TipRanks’ Stock Analysis page.