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Aussie Broadband Ltd. ( (AU:ABB) ) has issued an update.
Aussie Broadband Ltd. announced the cessation of 9,024,191 ordinary fully paid securities as part of an on-market buy-back, effective May 16, 2025. This move is likely to impact the company’s capital structure and could influence its market positioning by potentially increasing shareholder value and optimizing financial performance.
The most recent analyst rating on (AU:ABB) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Aussie Broadband Ltd. stock, see the AU:ABB Stock Forecast page.
More about Aussie Broadband Ltd.
Aussie Broadband Ltd. operates in the telecommunications industry, providing internet and broadband services primarily in Australia. The company focuses on delivering high-speed internet solutions to residential and business customers, aiming to enhance connectivity and digital access across the region.
Average Trading Volume: 904,564
Technical Sentiment Signal: Buy
Current Market Cap: A$1.19B
See more data about ABB stock on TipRanks’ Stock Analysis page.