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Brookside Energy Issues Daily Update on On-Market Share Buy-Back

Story Highlights
  • Brookside Energy reported ongoing on-market buy-backs of its ordinary shares.
  • A total of 885,882 shares have now been repurchased, reinforcing its capital management program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brookside Energy Issues Daily Update on On-Market Share Buy-Back

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Brookside Energy ( (AU:BRK) ) has shared an announcement.

Brookside Energy Limited has updated the market on the progress of its on-market share buy-back program for its ordinary fully paid shares listed on the ASX under code BRK. The company reported that a total of 865,882 shares had been repurchased prior to the latest trading day, with an additional 20,000 shares bought back on the previous day, signaling continued execution of its capital management strategy through incremental daily buy-backs.

The most recent analyst rating on (AU:BRK) stock is a Hold with a A$0.43 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

YTD Price Performance: -17.71%

Average Trading Volume: 188,679

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$38.02M

For detailed information about BRK stock, go to TipRanks’ Stock Analysis page.

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