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GWA Group Limited ( (AU:GWA) ) has shared an update.
GWA Group Limited has announced an on-market share buyback program worth up to $30 million, which will be funded through the company’s existing cash and committed debt facilities. This move reflects the company’s strategy to balance growth investments with returning excess cash to shareholders, while maintaining a strong balance sheet and a dividend payout ratio target of 65% to 85% of Net Profit After Tax. The buyback, expected to start on or after September 2, 2025, signals the board and management’s confidence in GWA’s financial health and future prospects.
The most recent analyst rating on (AU:GWA) stock is a Hold with a A$2.85 price target. To see the full list of analyst forecasts on GWA Group Limited stock, see the AU:GWA Stock Forecast page.
More about GWA Group Limited
Average Trading Volume: 269,344
Technical Sentiment Signal: Buy
Current Market Cap: A$702.8M
See more insights into GWA stock on TipRanks’ Stock Analysis page.