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Cogstate Ltd ( (AU:CGS) ) just unveiled an announcement.
Cogstate Ltd has announced an update regarding its ongoing buy-back of ordinary fully paid securities, identified by the ASX security code CGS. The company has been actively buying back shares, with a total of 4,803,452 securities bought back before the previous day and an additional 262,165 securities bought back on the previous day. This buy-back activity is part of Cogstate’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Cogstate Ltd
YTD Price Performance: 23.09%
Average Trading Volume: 12,371
Technical Sentiment Signal: Sell
Current Market Cap: $142.1M
For a thorough assessment of CGS stock, go to TipRanks’ Stock Analysis page.