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Brookside Energy ( (AU:BRK) ) has provided an update.
Brookside Energy Limited has provided an update on its ongoing on-market share buy-back program, reporting that it repurchased 20,000 ordinary fully paid shares on the previous trading day, bringing the total number of shares bought back under the program to 705,882. The continued execution of this buy-back signals active capital management by the company, which may support its share price, reduce the number of shares on issue and potentially enhance value for existing shareholders over time.
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, listed on the ASX under the code BRK, is an energy company whose securities are ordinary fully paid shares traded on the Australian market. The company operates within the broader energy sector, where capital management initiatives such as share buy-backs are commonly used to optimise balance sheets and influence share liquidity and pricing.
Average Trading Volume: 188,089
Technical Sentiment Signal: Hold
Current Market Cap: A$45.24M
See more data about BRK stock on TipRanks’ Stock Analysis page.