Dexus Announces On-market Securities Buy-back | Finance News Network

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Dexus Announces On-market Securities Buy-back

Dexus announces plans to initiate a new on-market securities buy-back (‘buy-back’) of up to 5% of DXS securities over the next 12 months, as part of its active approach to capital management.

Darren Steinberg, Dexus Chief Executive Officer said: “The buy-back has been reinstated as a result of recent market volatility providing us with the opportunity to enhance investor returns.”

Dexus intends to fund the buy-back from existing debt facilities.

Please refer to the attached Appendix 3C for further information relating to the buy-back.


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