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Centuria Industrial REIT ( (AU:CIP) ) has issued an update.
Centuria Industrial REIT has announced an update on its ongoing on-market buy-back program, revealing that a total of 143,514 ordinary units were bought back on the previous day, adding to the cumulative total of 5,578,414 units repurchased. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.56 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.
More about Centuria Industrial REIT
Centuria Industrial REIT operates in the real estate investment sector, focusing on industrial properties. It offers investment opportunities in industrial real estate assets, primarily targeting the Australian market.
Average Trading Volume: 1,845,152
Technical Sentiment Signal: Buy
Current Market Cap: A$2.16B
For detailed information about CIP stock, go to TipRanks’ Stock Analysis page.