Charter Hall Social Infrastructure REIT Updates on Daily Buy-Back Progress

An update from Charter Hall Social Infrastructure REIT ( (AU:CQE) ) is now available.

Charter Hall Social Infrastructure REIT has announced a daily update on its ongoing on-market buy-back of securities, with a total of 311,242 units bought back on the previous day, adding to the cumulative total of 1,606,296 units. This buy-back initiative reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value, signaling confidence in its financial position and future prospects.

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 education and healthcare 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: $662.6M

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