Charter Hall Social Infrastructure REIT ( (AU:CQE) ) has provided an update.
Charter Hall Social Infrastructure REIT has announced an update regarding its ongoing on-market buy-back program, reporting the acquisition of 178,657 fully paid units on the previous day. This buy-back initiative reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
More about Charter Hall Social Infrastructure REIT
Charter Hall Social Infrastructure REIT operates in the real estate investment trust (REIT) industry, focusing on social infrastructure assets. The company primarily invests in properties that support essential community services, such as healthcare, education, and government facilities, aiming to provide stable and secure income streams for its investors.
YTD Price Performance: -0.93%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $686.8M
Learn more about CQE stock on TipRanks’ Stock Analysis page.