Notification of buy-back - WPR
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| Stock | Waypoint REIT (WPR.ASX) |
|---|---|
| Release Time | 8 Apr 2025, 8:57 a.m. |
| Price Sensitive | Yes |
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Waypoint REIT Announces On-Market Buy-Back
Key Points
- Waypoint REIT to buy back up to $50 million of its ordinary stapled securities
- Buy-back period from 23 April 2025 to 9 April 2026
- Funded by existing cash and debt facilities
Full Summary
Waypoint REIT has announced an on-market buy-back of up to $50 million of its ordinary stapled securities. The buy-back period will commence on 23 April 2025 and end on 9 April 2026. The buy-back will be funded by Waypoint REIT's existing cash and debt facilities. The company does not hold any interest in the WPR stapled securities, and 636,355 stapled securities are held by associates of Waypoint REIT. The buy-back is intended to provide Waypoint REIT with the flexibility to manage its capital structure and enhance shareholder value.
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