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Waypoint REIT Ltd. ( (AU:WPR) ) has shared an announcement.
Waypoint REIT Ltd. has announced an update on its ongoing on-market buy-back program, reporting a total of 566,516 securities bought back on the previous day, adding to a cumulative total of 12,632,749 securities. This buy-back initiative reflects the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market position and investor relations positively.
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 Ltd. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in a portfolio of properties. The company primarily deals with fully paid ordinary units stapled securities, catering to investors looking for stable income through property investments.
Average Trading Volume: 1,466,994
Technical Sentiment Signal: Buy
Current Market Cap: A$1.77B
See more data about WPR stock on TipRanks’ Stock Analysis page.