tiprankstipranks
Eagers Automotive Cancels Shares Post-Buyback
Company Announcements

Eagers Automotive Cancels Shares Post-Buyback

Eagers Automotive Limited (AU:APE) has released an update.

Don't Miss our Black Friday Offers:

Eagers Automotive Limited has announced the cancellation of 210,000 of its ordinary fully paid securities as a result of an on-market buy-back that took place on May 24, 2024. This strategic move, detailed on May 31, 2024, could reflect the company’s confidence in its value or a bid to return wealth to shareholders.

For further insights into AU:APE stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App