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Australian Clinical Labs Ltd ( (AU:ACL) ) has issued an announcement.
Australian Clinical Labs Ltd has announced an update regarding its ongoing share buy-back program. The company has repurchased a total of 250,000 ordinary fully paid securities on the previous day, adding to the cumulative total of 5,192,629 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ACL) stock is a Buy with a A$4.25 price target. To see the full list of analyst forecasts on Australian Clinical Labs Ltd stock, see the AU:ACL Stock Forecast page.
More about Australian Clinical Labs Ltd
Australian Clinical Labs Ltd operates in the healthcare industry, primarily focusing on providing pathology services. The company is known for its diagnostic testing services and plays a significant role in the medical diagnostics market.
Average Trading Volume: 1,050,876
Technical Sentiment Signal: Hold
Current Market Cap: A$616.9M
For an in-depth examination of ACL stock, go to TipRanks’ Stock Analysis page.
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