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The latest update is out from Centuria Industrial REIT ( (AU:CIP) ).
Centuria Industrial REIT has announced a daily update on its ongoing on-market buy-back program, with 145,129 ordinary units fully paid bought back on the previous day, adding to a total of 5,289,285 units repurchased before that. 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: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 is a company operating in the real estate investment trust (REIT) sector, primarily focusing on industrial properties. It is involved in the acquisition, management, and development of industrial assets, catering to a diverse range of tenants and industries.
Average Trading Volume: 1,829,077
Technical Sentiment Signal: Buy
Current Market Cap: A$2.16B
Find detailed analytics on CIP stock on TipRanks’ Stock Analysis page.