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Computershare Limited ( (AU:CPU) ) has provided an update.
Computershare Limited has announced an update regarding its ongoing on-market buy-back program, with a daily notification detailing the purchase of 115,000 ordinary fully paid securities. This buy-back initiative, which began on August 15, 2023, reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value, signaling confidence in its financial stability 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 a range of services including share registration, employee equity plans, proxy solicitation, stakeholder communications, and other diversified financial and governance services. The company is known for its global reach and focus on technology-driven solutions to enhance corporate governance and stakeholder engagement.
YTD Price Performance: 16.87%
Average Trading Volume: 1,682,930
Technical Sentiment Signal: Buy
Current Market Cap: A$22.8B
For an in-depth examination of CPU stock, go to TipRanks’ Overview page.