Computershare Limited Updates on Market Buy-Back Program

The latest update is out from Computershare Limited ( (AU:CPU) ).

Computershare Limited has announced an update to its ongoing on-market buy-back program, with a total of 24,127,267 securities bought back before the previous day and an additional 100,000 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting its confidence in the company’s financial health and future prospects.

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, providing specialized services such as share registry, employee equity plans, and stakeholder communications. The company is a key player in the market, focusing on delivering technology-driven solutions to streamline financial and governance processes for its clients.

Average Trading Volume: 1,681,147

Technical Sentiment Signal: Buy

Current Market Cap: A$24.02B

See more insights into CPU stock on TipRanks’ Stock Analysis page.