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The latest update is out from Cogstate Ltd ( (AU:CGS) ).
Cogstate Ltd, listed on the ASX under the code CGS, has cancelled 180,043 fully paid ordinary shares as part of an on-market share buy-back completed on 14 January 2026. The reduction in issued capital through this buy-back is likely aimed at optimizing Cogstate’s capital structure and may enhance value for remaining shareholders by slightly increasing their proportional ownership, although the announcement provides no additional operational or strategic detail around the transaction.
The most recent analyst rating on (AU:CGS) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Cogstate Ltd stock, see the AU:CGS Stock Forecast page.
More about Cogstate Ltd
Average Trading Volume: 307,004
Technical Sentiment Signal: Buy
Current Market Cap: A$369.2M
For a thorough assessment of CGS stock, go to TipRanks’ Stock Analysis page.