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An update from Austin Engineering ( (AU:ANG) ) is now available.
Austin Engineering Limited has announced an update on its ongoing share buy-back program, revealing that it repurchased 300,000 ordinary fully paid securities on the previous day, bringing the total number of shares bought back to 1,800,000. This buy-back initiative is part of the company’s strategy to enhance shareholder value, potentially impacting its stock market positioning and signaling confidence in its financial stability.
The most recent analyst rating on (AU:ANG) stock is a Buy with a A$0.30 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, focusing on the design and manufacture of customized mining equipment. The company is known for its innovative solutions and serves a global market, primarily targeting mining operations.
Average Trading Volume: 3,083,886
Technical Sentiment Signal: Sell
Current Market Cap: A$125.4M
Find detailed analytics on ANG stock on TipRanks’ Stock Analysis page.