Cochlear Limited ( (AU:COH) ) has provided an announcement.
Cochlear Limited has announced an update on its ongoing on-market buy-back program, with a total of 94,721 securities bought back before the previous day and an additional 4,079 securities bought back on the previous day. 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 operates in the medical device industry, specializing in implantable hearing solutions. The company is a leading provider of cochlear implant technology, focusing on improving the quality of life for individuals with hearing loss.
YTD Price Performance: -2.08%
Average Trading Volume: 89
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.08B
See more insights into COH stock on TipRanks’ Stock Analysis page.