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Eagers Automotive Limited ( (AU:APE) ) just unveiled an announcement.
Eagers Automotive Limited has announced its decision to continue its on-market share buy-back program, aiming to repurchase up to 10% of its issued share capital. This move underscores the company’s strong financial position and commitment to effective capital management, potentially enhancing shareholder value and reinforcing its market position.
The most recent analyst rating on (AU:APE) stock is a Hold with a A$11.51 price target. To see the full list of analyst forecasts on Eagers Automotive Limited stock, see the AU:APE Stock Forecast page.
More about Eagers Automotive Limited
Eagers Automotive Limited operates in the automotive industry, focusing on the sale and distribution of motor vehicles. The company is known for its wide range of automotive products and services, catering to a diverse market segment.
Average Trading Volume: 790,947
Technical Sentiment Signal: Buy
Current Market Cap: A$4.48B
See more insights into APE stock on TipRanks’ Stock Analysis page.