Computershare Limited Updates on Ongoing Share Buy-Back Program

An update from Computershare Limited ( (AU:CPU) ) is now available.

Computershare Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, with a total of 95,000 securities bought back on the previous day, adding to the cumulative total of 23,448,767 securities. This buy-back initiative reflects the company’s strategic effort to optimize its capital structure and potentially enhance shareholder value, indicating a proactive approach in managing its financial resources.

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 solutions in share registration, employee equity plans, proxy solicitation, stakeholder communications, and other diversified financial services. The company is known for its expertise in handling complex financial transactions and maintaining robust market presence globally.

YTD Price Performance: 19.72%

Average Trading Volume: 1,743,621

Technical Sentiment Signal: Buy

Current Market Cap: A$23.36B

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