Dexus Convenience Retail REIT (ASX:DXC) has disclosed a daily on-market buy-back notification dated 10 November 2026, confirming the purchase of 9,719 fully paid units stapled securities on 9 November 2026, with total consideration of AUD 26,493.02 paid for that day's transactions.

Key Points

  • 9,719 fully paid units stapled securities were bought back on 9 November 2026, at a highest price of AUD 2.73 and a lowest price of AUD 2.71
  • Total securities bought back before the previous day stood at 5,759,378, bringing cumulative consideration paid to AUD 16,339,042.09
  • The maximum number of securities proposed to be bought back is 6,887,828, with 2,510,150 remaining to be repurchased as at the end of 9 November 2026
  • The on-market buy-back program runs from 28 January 2026 to 27 January 2027, with MA Moelis Australia Securities Pty Ltd acting as broker

Daily Buy-Back Transaction Details for 9 November 2026

According to the filing, 9,719 fully paid units stapled securities were purchased on 9 November 2026 for a total consideration of AUD 26,493.02. The highest price paid on that day was AUD 2.73 and the lowest price paid was AUD 2.71. The highest price allowed to be paid by the entity on the previous day under ASX listing rule 7.33 was AUD 2.86270. The buy-back is conducted on market and does not require securityholder approval, with consideration paid in Australian dollars.

Cumulative Buy-Back Program Statistics

The filing states that prior to 9 November 2026, a total of 5,759,378 securities had been bought back under the program, with cumulative consideration paid of AUD 16,339,042.09. The highest price paid across the entire program to date was AUD 3.52, recorded on 21 April 2022, while the lowest price paid was AUD 2.51, recorded on 4 June 2026. The total number of securities on issue in the class subject to the buy-back is disclosed as 137,756,563. As at the end of 9 November 2026, 2,510,150 securities remained to be bought back against the stated maximum.

Buy-Back Program Parameters and Broker Arrangement

The on-market buy-back program was initially notified on 8 February 2022, with the current program period running from 28 January 2026 to 27 January 2027. The maximum number of securities proposed to be bought back under the program is 6,887,828. MA Moelis Australia Securities Pty Ltd (ACN 122 781 560) is named as the broker conducting buy-back transactions on the entity's behalf. The filing was submitted as an update announcement, with the previous announcement to this update dated 9 November 2026.