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CSL Limited Updates on Share Buy-Back Progress

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CSL Limited Updates on Share Buy-Back Progress

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An announcement from CSL ( (AU:CSL) ) is now available.

CSL Limited has announced an update on its ongoing share buy-back program, revealing that a total of 2,773,525 ordinary fully paid securities have been repurchased before the previous day, with an additional 46,950 securities bought back on the previous day. This buy-back initiative is part of CSL’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reinforcing its market position.

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 biotechnology industry, focusing on the development and delivery of innovative biotherapies and influenza vaccines. The company is a global leader in plasma-derived therapies and operates in various markets worldwide, providing essential medicines to patients with rare and serious conditions.

YTD Price Performance: -33.39%

Average Trading Volume: 1,150,052

Technical Sentiment Signal: Sell

Current Market Cap: A$89.23B

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

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