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GWA Group Updates on Share Buy-Back Program

Story Highlights
  • GWA Group focuses on innovative building fixtures for residential and commercial markets.
  • The company repurchased 201,445 shares in its ongoing buy-back program, optimizing capital strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GWA Group Updates on Share Buy-Back Program

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GWA Group Limited ( (AU:GWA) ) just unveiled an announcement.

GWA Group Limited announced an update regarding its ongoing on-market share buy-back program, highlighting the purchase of 201,445 fully paid ordinary shares on the previous trading day and a cumulative total of 3,718,001 shares repurchased to date. This buy-back initiative reflects the company’s effort to optimize its capital management strategy and potentially enhance shareholder value through reduced share dilution.

The most recent analyst rating on (AU:GWA) stock is a Buy 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, specializing in the production and distribution of innovative bathroom and kitchen products, with a focus on sustainability and functionality. The company primarily serves residential and commercial markets in Australia and neighboring regions.

Average Trading Volume: 309,906

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$652.4M

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

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