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Austin Engineering ( (AU:ANG) ) has provided an announcement.
Austin Engineering Limited announced the cessation of 1,000,000 ordinary fully paid securities as part of an on-market buy-back, effective October 31, 2025. This move is likely to impact the company’s capital structure and may influence its market positioning by potentially increasing shareholder value.
The most recent analyst rating on (AU:ANG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Austin Engineering stock, see the AU:ANG Stock Forecast page.
More about Austin Engineering
Austin Engineering Limited operates in the engineering industry, specializing in the design and manufacture of customized mining equipment. The company focuses on providing innovative solutions to enhance productivity and efficiency in the mining sector.
Average Trading Volume: 3,698,423
Technical Sentiment Signal: Sell
Current Market Cap: A$169.6M
For a thorough assessment of ANG stock, go to TipRanks’ Stock Analysis page.