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Computershare Limited Updates on Ongoing Buy-Back Program

Story Highlights
  • Computershare Limited is a key player in financial services, offering share registration and governance services.
  • The company continues its on-market buy-back program, enhancing shareholder value and market perception.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Computershare Limited Updates on Ongoing Buy-Back Program

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Computershare Limited ( (AU:CPU) ) has provided an update.

Computershare Limited has announced an update on its ongoing on-market buy-back program, with a total of 24,847,225 securities bought back before the previous day and an additional 95,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock price and market perception positively.

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, primarily offering services in share registration, employee equity plans, proxy solicitation, stakeholder communications, and other diversified financial and governance services. The company is a significant player in the global market for these services, catering to a wide range of corporate clients.

YTD Price Performance: 16.87%

Average Trading Volume: 1,682,930

Technical Sentiment Signal: Buy

Current Market Cap: A$22.8B

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

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