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Ansell Limited Updates on Ongoing Share Buy-Back Program

Story Highlights
  • Ansell Limited is a leader in protective solutions, serving healthcare and industrial markets.
  • Ansell continues its share buy-back, repurchasing 33,255 securities to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ansell Limited Updates on Ongoing Share Buy-Back Program

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Ansell ( (AU:ANN) ) has provided an update.

Ansell Limited has announced an update regarding its ongoing on-market buy-back program, revealing that a total of 33,255 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 1,485,959 securities repurchased. This buy-back initiative is part of Ansell’s strategic efforts to manage its capital structure and enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations.

The most recent analyst rating on (AU:ANN) stock is a Hold with a A$37.20 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 protective solutions industry, primarily focusing on manufacturing and distributing a wide range of protective gloves and clothing. The company serves various markets, including healthcare, industrial, and consumer sectors, providing essential safety products.

Average Trading Volume: 383,910

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.21B

See more insights into ANN stock on TipRanks’ Stock Analysis page.

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