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Waypoint REIT Ltd. ( (AU:WPR) ) has issued an announcement.
Waypoint REIT Ltd. has announced a daily update on its ongoing on-market buy-back program, which involves the repurchase of its fully paid ordinary units stapled securities. As of the latest update, the company has bought back a total of 13,942,163 securities prior to the previous day, with an additional 546,586 securities repurchased on the previous day. This buy-back initiative is part of Waypoint REIT’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 Ltd. operates in the real estate investment trust (REIT) industry, focusing on owning and managing a portfolio of properties. The company primarily deals with fully paid ordinary units stapled securities, catering to investors interested in real estate assets.
Average Trading Volume: 1,524,428
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
See more insights into WPR stock on TipRanks’ Stock Analysis page.