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Ansell ( (AU:ANN) ) just unveiled an update.
Ansell Limited has announced a new on-market buy-back of its ordinary fully paid shares, as per its recent notification to the ASX. This strategic move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting confidence in its financial stability and future growth prospects.
The most recent analyst rating on (AU:ANN) stock is a Buy with a A$36.00 price target. To see the full list of analyst forecasts on Ansell stock, see the AU:ANN Stock Forecast page.
More about Ansell
Ansell Limited operates in the health and safety industry, specializing in the production of protective equipment and solutions. The company focuses on providing high-quality safety products, including gloves and protective clothing, catering to various sectors such as healthcare, industrial, and consumer markets.
Average Trading Volume: 342,546
Technical Sentiment Signal: Buy
Current Market Cap: A$5.39B
Learn more about ANN stock on TipRanks’ Stock Analysis page.