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Capral Limited ( (AU:CAA) ) has shared an update.
Capral Limited has announced an update on its ongoing on-market buy-back program, reporting the acquisition of 2,200 ordinary fully paid securities on the previous day, adding to a total of 530,074 securities bought back to date. This buy-back initiative is part of Capral’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach in managing its equity base.
The most recent analyst rating on (AU:CAA) stock is a Hold with a A$12.00 price target. To see the full list of analyst forecasts on Capral Limited stock, see the AU:CAA Stock Forecast page.
More about Capral Limited
Capral Limited operates in the manufacturing industry, primarily focusing on producing aluminum products. The company is known for its extensive range of aluminum solutions catering to various market sectors, including building, construction, and industrial applications.
Average Trading Volume: 15,941
Technical Sentiment Signal: Buy
Current Market Cap: A$179.6M
Learn more about CAA stock on TipRanks’ Stock Analysis page.