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Cogstate Ltd Updates on Share Buy-Back Progress

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Cogstate Ltd ( (AU:CGS) ) has issued an update.

Cogstate Ltd has announced an update regarding its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid securities. The latest update reveals that the company bought back 27,323 securities on the previous day, adding to a total of 2,709,068 securities repurchased to date. This buy-back initiative is part of Cogstate’s strategy to manage its capital structure, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.

More about Cogstate Ltd

YTD Price Performance: 31.18%

Average Trading Volume: 9,624

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $153.1M

For detailed information about CGS stock, go to TipRanks’ Stock Analysis page.

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