Computershare Limited Updates on Securities Buy-Back Program

Computershare Limited ( (AU:CPU) ) just unveiled an update.

Computershare Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 22,479,513 securities, with an additional 107,903 securities repurchased on the previous day. This buy-back initiative reflects Computershare’s strategic approach to managing its capital structure and returning value to shareholders, potentially impacting its stock liquidity and market perception.

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 global solutions for share registry, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communications, and other diversified financial services. The company is known for its comprehensive suite of services tailored to meet the needs of corporations, investors, employees, and other stakeholders.

Average Trading Volume: 1,712,178

Technical Sentiment Signal: Buy

Current Market Cap: A$24.08B

See more data about CPU stock on TipRanks’ Stock Analysis page.