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The latest announcement is out from Computershare Limited ( (AU:CPU) ).
Computershare Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid shares. As of the latest notification, the company has bought back a total of 22,177,044 shares, with 108,859 shares repurchased on the previous day. This buy-back initiative is part of Computershare’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position 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, offering services such as share registration, employee equity plans, proxy solicitation, stakeholder communications, and other diversified financial and governance services. The company primarily focuses on providing these services to corporations, investors, and financial institutions globally.
YTD Price Performance: 24.19%
Average Trading Volume: 1,706,709
Technical Sentiment Signal: Buy
Current Market Cap: A$24.32B
For detailed information about CPU stock, go to TipRanks’ Stock Analysis page.