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Capral Limited ( (AU:CAA) ) has issued an update.
Capral Limited has announced an update on its ongoing share buy-back program, revealing that a total of 8,200 ordinary fully paid securities were repurchased on the previous day, adding to the cumulative total of 669,894 securities bought back. This buy-back initiative is part of Capral’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s proactive approach to managing its financial resources and market positioning.
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 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, automotive, and industrial applications.
Average Trading Volume: 18,885
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$183.6M
For an in-depth examination of CAA stock, go to TipRanks’ Overview page.