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An update from Capral Limited ( (AU:CAA) ) is now available.
Capral Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid shares. As of the latest update, the company has bought back a total of 572,778 securities, with an additional 3,244 securities repurchased on the previous day. This buy-back initiative is part of Capral’s strategy to optimize its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:CAA) stock is a Buy with a A$12.00 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 significant player in the Australian market, catering to various sectors including construction, automotive, and industrial applications.
Average Trading Volume: 17,110
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$180.8M
Find detailed analytics on CAA stock on TipRanks’ Stock Analysis page.