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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 for its ordinary fully paid securities, with a total of 8,661 securities bought back on the previous day, adding to the 735,766 securities already repurchased. This buy-back initiative is part of Capral’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
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, focusing on producing aluminum products. The company is known for its range of aluminum solutions, serving various sectors including construction and industrial markets.
Average Trading Volume: 21,326
Technical Sentiment Signal: Buy
Current Market Cap: A$187.8M
For detailed information about CAA stock, go to TipRanks’ Stock Analysis page.