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Computershare Limited ( (AU:CPU) ) has provided an announcement.
Computershare Limited has announced an update regarding its ongoing on-market buy-back program, indicating a daily buy-back of 123,000 ordinary fully paid shares. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, which could potentially enhance shareholder value and signal confidence in the company’s financial health.
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 financial administration services. The company is known for its expertise in share registry services, employee equity plans, and stakeholder communications, with a focus on leveraging technology to enhance client services.
YTD Price Performance: 19.04%
Average Trading Volume: 1,724,026
Technical Sentiment Signal: Buy
Current Market Cap: A$23.31B
See more insights into CPU stock on TipRanks’ Stock Analysis page.