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CSL Limited Updates on Market Buy-Back Program

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CSL Limited Updates on Market Buy-Back Program

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CSL ( (AU:CSL) ) has shared an update.

CSL Limited has announced an update on its ongoing on-market buy-back program, with a total of 2,604,378 ordinary fully paid securities bought back before the previous day and an additional 29,882 securities bought back on the previous day. This buy-back initiative is part of CSL’s strategy to optimize its capital structure and return value to shareholders, potentially enhancing its market position and demonstrating confidence in its financial health.

The most recent analyst rating on (AU:CSL) stock is a Buy with a A$256.00 price target. To see the full list of analyst forecasts on CSL stock, see the AU:CSL Stock Forecast page.

More about CSL

CSL Limited operates in the biopharmaceutical industry, focusing on the development and delivery of innovative medicines and therapies. The company is known for its work in immunology, hematology, and other specialty areas, serving a global market with a strong emphasis on research and development.

YTD Price Performance: -33.33%

Average Trading Volume: 1,175,192

Technical Sentiment Signal: Sell

Current Market Cap: A$89.32B

For an in-depth examination of CSL stock, go to TipRanks’ Overview page.

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