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An announcement from Ansell ( (AU:ANN) ) is now available.
Ansell Limited has announced a daily on-market buy-back of its ordinary fully paid securities, with a maximum of 14,594,488 shares to be repurchased. This move is part of Ansell’s strategy to optimize its capital structure and return value to shareholders, potentially enhancing its market position by demonstrating financial strength and confidence in its future 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 healthcare and industrial sectors, specializing in the production of protective solutions, including gloves and protective clothing. The company focuses on providing safety solutions to a wide range of industries, including healthcare, manufacturing, and construction.
Average Trading Volume: 342,546
Technical Sentiment Signal: Buy
Current Market Cap: A$5.39B
For an in-depth examination of ANN stock, go to TipRanks’ Overview page.