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Bluescope Steel ( (AU:BSL) ) has shared an update.
BlueScope Steel Limited has announced an extension of its existing on-market buy-back program for its ordinary shares. This move indicates the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach to maintaining its market position.
The most recent analyst rating on (AU:BSL) stock is a Hold with a A$22.00 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 is known for its manufacturing of flat steel products and is a significant player in the global steel market.
YTD Price Performance: 31.30%
Average Trading Volume: 1,272,044
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$10.63B
For a thorough assessment of BSL stock, go to TipRanks’ Stock Analysis page.
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