Dexus Convenience Retail REIT Buys Back 10,719 Units on 10 November 2026

Manish Choudhary

11 November 2026 12:32 PM AEDT

Dexus Convenience Retail REIT Buys Back 10,719 Units on 10 November 2026

Image Source: Krish Capital Pty Ltd

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Dexus Convenience Retail REIT (ASX:DXC) has disclosed a daily on-market buy-back notification for 10 November 2026, reporting the purchase of 10,719 fully paid units stapled securities on that day, with consideration of AUD 29,402.22 paid for those securities.

Key Points

10,719 fully paid units stapled securities were bought back on 10 November 2026, with total consideration of AUD 29,402.22
Cumulative securities bought back before the previous day totalled 5,769,097, representing total consideration of AUD 16,365,535.11
The highest price paid on the previous day was AUD 2.75 and the lowest price paid was AUD 2.72
As at the end of the previous day, 2,499,431 securities remained to be bought back under the maximum buy-back limit of 6,887,828

On-Market Buy-Back Program Details

According to the filing, the on-market buy-back program has a proposed start date of 28 January 2026 and a proposed end date of 27 January 2027. The maximum number of securities proposed to be bought back under the program is 6,887,828. The buy-back does not require security holder approval, and the securities are being purchased for cash consideration in Australian dollars. MA Moelis Australia Securities Pty Ltd (ACN 122 781 560) is named as the broker conducting the buy-back on the entity's behalf. The buy-back was initially notified to ASX on 8 February 2022.

Previous Day Pricing and Consideration

The filing states that on 10 November 2026, the highest price paid for securities bought back was AUD 2.75 and the lowest price paid was AUD 2.72. The highest price allowed to be paid by the entity on the previous day under listing rule 7.33 was AUD 2.8579. For the period before the previous day, the highest price paid across the entire program was AUD 3.52, recorded on 21 April 2022, while the lowest price paid was AUD 2.51, recorded on 4 June 2026, according to the filing.

Total Securities on Issue and Remaining Buy-Back Capacity

The filing discloses that the total number of fully paid units stapled securities on issue in the relevant class is 137,756,563. The cumulative total of securities bought back before 10 November 2026 stood at 5,769,097, with the program's total consideration before that day amounting to AUD 16,365,535.11. Following the transactions on 10 November 2026, the remaining number of securities to be bought back as at the end of that day was disclosed as 2,499,431, based on the maximum buy-back figure of 6,887,828 securities. The notification was submitted on 11 November 2026 and relates to the previous announcement dated 10 November 2026.

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