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Computershare Limited ( (AU:CPU) ) has shared an update.
Computershare Limited has announced the final notification of its on-market buy-back program, purchasing a total of 25,342,266 ordinary fully paid securities for a consideration of AUD 750,000,051.81. This buy-back is part of the company’s strategic financial management, potentially impacting its market positioning by reducing the number of outstanding shares, which could enhance shareholder value.
The most recent analyst rating on (AU:CPU) stock is a Hold with a A$27.70 price target. To see the full list of analyst forecasts on Computershare Limited stock, see the AU:CPU Stock Forecast page.
More about Computershare Limited
Computershare Limited operates in the financial services industry, specializing in share registry, employee equity plans, proxy solicitation, and stakeholder communications. The company is known for providing services that facilitate the administration of financial markets and corporate governance.
Average Trading Volume: 1,693,061
Technical Sentiment Signal: Buy
Current Market Cap: A$23.25B
For detailed information about CPU stock, go to TipRanks’ Stock Analysis page.