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Credit Clear Limited ( (AU:CCR) ) has issued an announcement.
Credit Clear Limited, listed on the ASX under ticker CCR, has ordinary fully paid shares on issue that are currently the subject of an on-market share buy-back program. The announcement provides administrative details including the company’s registration number and confirms CCR as the class of securities involved in the buy-back.
The company has updated the market with a daily notification under its existing on-market buy-back, disclosing that a total of 11,051,201 shares had been repurchased before the previous day and a further 140,000 shares were bought back on the previous trading day. The ongoing buy-back reduces the number of shares on issue and may support earnings per share and capital management objectives, affecting the ownership interests of remaining shareholders.
The most recent analyst rating on (AU:CCR) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Credit Clear Limited stock, see the AU:CCR Stock Forecast page.
More about Credit Clear Limited
Credit Clear Limited is an ASX-listed company trading under the code CCR. The release identifies the company only as the issuer of ordinary fully paid shares subject to an on-market buy-back, without further detail on its industry or specific products and services.
Average Trading Volume: 498,973
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$112.3M
See more data about CCR stock on TipRanks’ Stock Analysis page.