TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
EarlyPay Limited ( (AU:EPY) ) has issued an announcement.
EarlyPay Limited has announced an update on its ongoing on-market buy-back program, with a total of 200,000 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 4,894,242 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares, which could positively impact earnings per share and market perception.
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 small and medium-sized enterprises (SMEs). The company aims to support the cash flow needs of businesses, enhancing their operational efficiency and growth potential.
Average Trading Volume: 156,683
Technical Sentiment Signal: Buy
Current Market Cap: A$56.68M
For a thorough assessment of EPY stock, go to TipRanks’ Stock Analysis page.