Cochlear Limited ( (AU:COH) ) has issued an announcement.
Cochlear Limited has announced an update on its ongoing on-market buy-back program, reporting a total of 3,921 ordinary fully paid securities bought back on the previous day, adding to the 90,800 securities previously acquired. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Cochlear Limited
Cochlear Limited is a company operating in the medical device industry, specializing in implantable hearing solutions. Its primary products include cochlear implants and related accessories, focusing on improving hearing for individuals with severe to profound hearing loss.
YTD Price Performance: -5.82%
Average Trading Volume: 84
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.17B
See more insights into COH stock on TipRanks’ Stock Analysis page.