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Charter Hall Social Infrastructure REIT Updates on Buy-Back Program

Story Highlights
  • Charter Hall Social Infrastructure REIT invests in properties supporting essential services.
  • The company updated its buy-back program, buying back 219,213 securities recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Charter Hall Social Infrastructure REIT Updates on Buy-Back Program

Charter Hall Social Infrastructure REIT ( (AU:CQE) ) has shared an announcement.

Charter Hall Social Infrastructure REIT announced an update on its ongoing on-market buy-back program, reporting a total of 1,387,083 securities bought back before the previous day and an additional 219,213 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a proactive approach to managing its financial resources and market positioning.

More about Charter Hall Social Infrastructure REIT

Charter Hall Social Infrastructure REIT operates in the real estate investment trust 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 returns to its investors.

YTD Price Performance: -0.93%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $662.6M

Find detailed analytics on CQE stock on TipRanks’ Stock Analysis page.

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