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Capral Limited ( (AU:CAA) ) has provided an update.
Capral Limited has announced an update on its ongoing on-market buy-back program, with a total of 18,810 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 784,224 securities acquired before that day. This buy-back initiative is part of Capral’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to maintaining a balanced approach to growth and shareholder returns.
The most recent analyst rating on (AU:CAA) stock is a Buy with a A$14.00 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 aluminum industry, focusing on the production and distribution of aluminum products. The company is known for its extensive range of aluminum extrusions and profiles, catering to various sectors including construction, automotive, and industrial applications.
Average Trading Volume: 22,767
Technical Sentiment Signal: Buy
Current Market Cap: A$203.3M
For an in-depth examination of CAA stock, go to TipRanks’ Overview page.