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Capral Limited Updates on Market Buy-Back Program

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Capral Limited Updates on Market Buy-Back Program

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Capral Limited ( (AU:CAA) ) just unveiled an announcement.

Capral Limited has announced an update on its ongoing on-market buy-back program, detailing the acquisition of 944 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 814,704. This buy-back initiative is part of Capral’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s commitment to maintaining a balanced approach to capital management.

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 manufacturing industry, primarily focusing on the production and distribution of aluminum products. The company is a leading supplier of aluminum extrusions and associated products in Australia, catering to various sectors including residential, commercial, and industrial markets.

Average Trading Volume: 23,540

Technical Sentiment Signal: Buy

Current Market Cap: A$197.3M

See more insights into CAA stock on TipRanks’ Stock Analysis page.

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