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GWA Group Limited ( (AU:GWA) ) has issued an update.
GWA Group Limited has announced an update on its ongoing on-market buy-back program, reporting the purchase of 88,091 ordinary fully paid securities on the previous day, adding to a total of 484,136 securities bought back since the program’s inception. This buy-back initiative is part of GWA’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources and market positioning.
The most recent analyst rating on (AU:GWA) stock is a Hold with a A$3.00 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
GWA Group Limited operates in the building fixtures and fittings industry, primarily focusing on the design, manufacturing, importation, and distribution of household and commercial bathroom and kitchen products. The company is known for its market presence in Australia and New Zealand, catering to both residential and commercial sectors.
Average Trading Volume: 336,347
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$678.9M
For a thorough assessment of GWA stock, go to TipRanks’ Stock Analysis page.