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EarlyPay Limited Updates on Market Buy-Back Program

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EarlyPay Limited Updates on Market Buy-Back Program

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

EarlyPay Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 5,784,061 ordinary fully paid securities have been bought back prior to the previous day, with an additional 54,954 securities acquired on the previous day. This buy-back initiative is part of EarlyPay’s strategy to optimize 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, focusing on providing financial solutions such as invoice financing and equipment financing to businesses. The company aims to support small to medium enterprises by offering flexible funding options to enhance their cash flow and operational efficiency.

Average Trading Volume: 160,371

Technical Sentiment Signal: Buy

Current Market Cap: A$56.68M

For detailed information about EPY stock, go to TipRanks’ Stock Analysis page.

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