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The latest update is out from Genworth Mortgage Insurance Australia Ltd ( (AU:HLI) ).
Helia Group Limited has completed its on-market share buy-back program, acquiring a total of 19,266,782 ordinary fully paid shares for approximately AUD 79.25 million. The conclusion of this buy-back, first notified in May 2024 and now confirmed as final, reflects the company’s continued focus on capital management and may enhance earnings per share and capital efficiency for remaining shareholders, potentially strengthening its positioning in the market.
The most recent analyst rating on (AU:HLI) stock is a Buy with a A$6.50 price target. To see the full list of analyst forecasts on Genworth Mortgage Insurance Australia Ltd stock, see the AU:HLI Stock Forecast page.
More about Genworth Mortgage Insurance Australia Ltd
Helia Group Limited, listed on the ASX under the code HLI, is an Australian-listed company with ordinary fully paid shares on issue and operates within the broader financial services and insurance-related market, focused on providing shareholder returns through active capital management, including on-market share buy-backs.
Average Trading Volume: 700,674
Technical Sentiment Signal: Buy
Current Market Cap: A$1.52B
For detailed information about HLI stock, go to TipRanks’ Stock Analysis page.