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CSL Updates Market on Ongoing On-Market Share Buy-Back

Story Highlights
  • CSL Limited issued an updated ASX notice on its ongoing on-market buy-back of ordinary shares.
  • The company has repurchased over 5.3 million shares to date, underscoring its capital management and valuation confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CSL Updates Market on Ongoing On-Market Share Buy-Back

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

CSL Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The update reflects the latest daily activity under the buy-back program, which forms part of the company’s broader capital management strategy.

The company reported that a total of 5,361,867 shares had been repurchased before the previous trading day, with a further 105,420 shares bought back on the previous day. The continued execution of the buy-back may signal management’s confidence in CSL’s valuation and supports efforts to optimise the company’s capital structure for shareholders.

The most recent analyst rating on (AU:CSL) stock is a Hold with a A$149.00 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 publicly listed company on the ASX, trading under the code CSL. It has ordinary fully paid shares on issue and is engaged in capital management activities, including on-market share buy-backs, to manage its capital structure and shareholder returns.

Average Trading Volume: 1,264,738

Technical Sentiment Signal: Sell

Current Market Cap: A$68.34B

Find detailed analytics on CSL stock on TipRanks’ Stock Analysis page.

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