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Computershare Limited ( (AU:CPU) ) has issued an announcement.
Computershare Limited has announced an update on its ongoing share buy-back program, reporting the acquisition of 135,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to over 23 million. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to 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 a range of services including share registry, employee equity plans, and stakeholder communications. The company is known for its global reach and focus on delivering technology-driven solutions to enhance shareholder and investor engagement.
Average Trading Volume: 1,700,371
Technical Sentiment Signal: Buy
Current Market Cap: A$23.4B
See more insights into CPU stock on TipRanks’ Stock Analysis page.