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EarlyPay Updates Market on Progress of Ongoing On-Market Share Buy-Back

Story Highlights
  • EarlyPay continues its on-market buy-back of ordinary fully paid shares.
  • Over 6.1 million shares have been repurchased to date, underscoring an active capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EarlyPay Updates Market on Progress of Ongoing On-Market Share Buy-Back

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EarlyPay Limited ( (AU:EPY) ) just unveiled an update.

EarlyPay Ltd, listed on the ASX under the code EPY, has announced an update to its ongoing on-market share buy-back program. The current buy-back focuses on the company’s ordinary fully paid shares.

The company reported that a total of 6,078,173 shares had been repurchased prior to the previous trading day, with a further 40,321 shares bought back on the previous day, as part of a daily on-market buy-back first notified in November 2024. The continued execution of the buy-back suggests an ongoing capital management strategy that may support earnings per share and signal management’s confidence in the company’s valuation to shareholders and the market.

The most recent analyst rating on (AU:EPY) stock is a Hold with a A$0.23 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

Average Trading Volume: 238,752

Technical Sentiment Signal: Sell

Current Market Cap: A$51.7M

See more data about EPY stock on TipRanks’ Stock Analysis page.

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