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Computershare Limited Updates on Ongoing Share Buy-Back Program

Story Highlights
  • Computershare Limited operates in financial services, offering share registration and governance services.
  • The company is actively buying back shares to manage capital and enhance shareholder value.
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Computershare Limited Updates on Ongoing Share Buy-Back Program

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

Computershare Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 18,216,154 ordinary fully paid securities, with 75,000 bought back on the previous day. This buy-back initiative is part of Computershare’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and shareholder value.

More about Computershare Limited

Computershare Limited operates in the financial services industry, providing services such as share registration, employee equity plans, proxy solicitation, stakeholder communications, and other diversified financial and governance services. It primarily focuses on serving corporations, investors, and financial institutions globally.

YTD Price Performance: 6.95%

Average Trading Volume: 698

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $14.67B

For a thorough assessment of CPU stock, go to TipRanks’ Stock Analysis page.

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