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Computershare Limited Updates on Market Buy-Back Program

Story Highlights
  • Computershare Limited is a financial services company specializing in share registry services.
  • The company updated its buy-back program, purchasing 71,736 securities recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Computershare Limited Updates on Market Buy-Back Program

Computershare Limited ( (AU:CPU) ) has issued an announcement.

Computershare Limited announced an update on its ongoing on-market buy-back program, revealing that a total of 19,020,517 securities had been bought back before the previous day, with an additional 71,736 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, which could potentially enhance shareholder value and improve market perception.

More about Computershare Limited

Computershare Limited operates in the financial services industry, providing specialized financial administration services. The company is known for its expertise in share registry services, employee equity plans, and stakeholder communications, with a focus on leveraging technology to enhance client services.

YTD Price Performance: 21.63%

Average Trading Volume: 698

Technical Sentiment Signal: Sell

Current Market Cap: $14.74B

Find detailed analytics on CPU stock on TipRanks’ Stock Analysis page.

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