Dexus Convenience Retail REIT (ASX:DXC) has disclosed a daily buy-back notification confirming the purchase of 12,575 fully paid units stapled securities on 6 November 2026, bringing the total number of securities bought back before that day to 5,746,803, according to an Appendix 3C filing dated 9 November 2026.

Key Points

  • 12,575 fully paid units stapled securities were bought back on 6 November 2026 for a total consideration of AUD 34,447.96
  • The highest price paid on the previous day was AUD 2.75 and the lowest price paid was AUD 2.71
  • Total securities bought back before 6 November 2026 stood at 5,746,803, with a cumulative consideration of AUD 16,304,594.13
  • As at the end of 6 November 2026, 2,519,869 securities remain to be bought back against a maximum of 6,887,828

On-Market Buy-Back Program Details

The on-market buy-back program was initially notified on 8 February 2022, with 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 out of a total of 137,756,563 fully paid units stapled securities on issue. The buy-back does not require security holder approval, according to the filing. MA Moelis Australia Securities Pty Ltd has been named as the broker conducting the buy-back on the entity's behalf.

Pricing on 6 November 2026 Buy-Back Day

On the previous day, being 6 November 2026, the highest price paid for securities was AUD 2.75 and the lowest price paid was AUD 2.71. The highest price allowed to be paid by the entity on that day under ASX listing rule 7.33 was AUD 2.86380000. For comparison, the highest price paid across the entire buy-back program to date was AUD 3.52, recorded on 21 April 2022, while the lowest price paid across the program was AUD 2.51, recorded on 4 June 2026. All consideration is denominated in Australian dollars.

Cumulative Buy-Back Position as at 6 November 2026

The cumulative total of securities bought back before 6 November 2026 was 5,746,803, representing total consideration paid or payable of AUD 16,304,594.13. Including the 12,575 securities purchased on 6 November 2026 at a consideration of AUD 34,447.96, the remaining number of securities to be bought back as at the end of that day stood at 2,519,869. The filing was submitted on 9 November 2026 as an update to the previous announcement dated 6 November 2026.