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The latest announcement is out from Brookside Energy ( (AU:BRK) ).
Brookside Energy Limited has provided an update on its on-market share buy-back program, confirming that a total of 685,882 ordinary fully paid shares had been repurchased prior to the latest reporting day, with a further 20,000 shares bought back on the previous trading day. The ongoing daily notifications indicate the company’s continued execution of its capital management strategy, which may support the share price, improve capital efficiency and signal management’s confidence in the company’s underlying value to existing and prospective shareholders.
The most recent analyst rating on (AU:BRK) stock is a Buy with a A$0.53 price target. To see the full list of analyst forecasts on Brookside Energy stock, see the AU:BRK Stock Forecast page.
More about Brookside Energy
Brookside Energy Limited is an Australia-listed company trading under the ASX code BRK, with ordinary fully paid shares on issue. The company operates in the energy sector, providing investors with exposure to oil and gas assets through its listed equity on the Australian Securities Exchange.
YTD Price Performance: -2.08%
Average Trading Volume: 188,627
Technical Sentiment Signal: Hold
Current Market Cap: A$45.24M
Learn more about BRK stock on TipRanks’ Stock Analysis page.