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Bluescope Steel Announces Cessation of Securities

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Bluescope Steel Announces Cessation of Securities

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Bluescope Steel ( (AU:BSL) ) has shared an update.

Bluescope Steel Limited has announced the cessation of 314,541 ordinary fully paid securities due to an on-market buy-back, effective December 8, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and reflecting its commitment to returning value to shareholders.

The most recent analyst rating on (AU:BSL) stock is a Buy with a A$27.50 price target. To see the full list of analyst forecasts on Bluescope Steel stock, see the AU:BSL Stock Forecast page.

More about Bluescope Steel

Bluescope Steel Limited operates in the steel industry, focusing on the production and distribution of steel products. It serves various markets, including construction, manufacturing, and infrastructure sectors.

Average Trading Volume: 2,986,138

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$10.43B

Learn more about BSL stock on TipRanks’ Stock Analysis page.

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