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EarlyPay Limited Updates on Buy-Back Program

Story Highlights
  • EarlyPay Limited operates in financial services, focusing on invoice and equipment financing.
  • The company announced a buy-back update, acquiring 222,659 securities recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EarlyPay Limited Updates on Buy-Back Program

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EarlyPay Limited ( (AU:EPY) ) has provided an update.

EarlyPay Limited has announced an update on its ongoing buy-back program, revealing that a total of 5,094,242 securities have been bought back prior to the previous day, with an additional 222,659 securities acquired on the last trading day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

More about EarlyPay Limited

EarlyPay Limited operates in the financial services industry, providing solutions such as invoice financing and equipment financing to businesses. The company focuses on aiding small to medium enterprises in managing their cash flow and capital needs.

Average Trading Volume: 157,895

Technical Sentiment Signal: Buy

Current Market Cap: A$56.68M

For an in-depth examination of EPY stock, go to TipRanks’ Overview page.

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