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CSL Limited Updates on Ongoing Share Buy-Back Program

Story Highlights
  • CSL Limited is a biotechnology company specializing in biotherapies and vaccines.
  • CSL has repurchased 1,807,326 securities, plus 39,141 more recently, in its buy-back program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CSL Limited Updates on Ongoing Share Buy-Back Program

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CSL ( (AU:CSL) ) just unveiled an update.

CSL Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities. As of the latest notification, the company has bought back a total of 1,807,326 securities before the previous day and an additional 39,141 securities on the previous day. This buy-back initiative is part of CSL’s strategy to optimize its capital structure and enhance shareholder value.

The most recent analyst rating on (AU:CSL) stock is a Buy with a A$225.00 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 is a global biotechnology company that specializes in the development and delivery of innovative biotherapies and influenza vaccines. The company is a leader in the biotechnology industry, focusing on the production of life-saving medicines and vaccines that address serious medical conditions.

YTD Price Performance: -35.16%

Average Trading Volume: 1,361,230

Technical Sentiment Signal: Sell

Current Market Cap: A$86.86B

Learn more about CSL stock on TipRanks’ Stock Analysis page.

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