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Capral Limited ( (AU:CAA) ) has shared an announcement.
Capral Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 402,190 ordinary fully paid securities have been bought back to date, with 3,932 securities acquired on the previous day. 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 outstanding shares.
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 key player in the Australian market, providing a range of aluminum solutions for various sectors, including construction and industrial applications.
Average Trading Volume: 18,750
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$179.6M
See more data about CAA stock on TipRanks’ Stock Analysis page.