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The latest announcement is out from Capral Limited ( (AU:CAA) ).
Capral Limited has announced an update on its ongoing on-market buy-back program, with a total of 693,710 securities bought back before the previous day and an additional 24,393 securities acquired on the most recent day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial health.
The most recent analyst rating on (AU:CAA) stock is a Buy with a A$12.50 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 and distributing aluminum products. The company is a key player in the Australian market, offering a range of aluminum solutions for various sectors, including construction and industrial applications.
Average Trading Volume: 19,817
Technical Sentiment Signal: Buy
Current Market Cap: A$186.5M
Find detailed analytics on CAA stock on TipRanks’ Stock Analysis page.