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The latest update is out from Aussie Broadband Ltd. ( (AU:ABB) ).
Aussie Broadband Ltd. has completed a buy-back of 9,024,191 of its ordinary fully paid securities, amounting to a total consideration of AUD 35,864,889.30. This move is part of the company’s strategic financial management, potentially enhancing shareholder value and reflecting confidence in its market position.
The most recent analyst rating on (AU:ABB) stock is a Hold with a A$5.00 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 services and solutions to residential and business customers across Australia. The company is known for its focus on delivering high-speed broadband services and exceptional customer service.
Average Trading Volume: 1,079,959
Technical Sentiment Signal: Buy
Current Market Cap: A$1.54B
Learn more about ABB stock on TipRanks’ Stock Analysis page.