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IPH Limited Updates on Buy-Back Program

Story Highlights
  • IPH Limited updates on its buy-back program for ordinary fully paid securities.
  • The company bought back 163,000 securities on the previous day, totaling 14,733,150 overall.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IPH Limited Updates on Buy-Back Program

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IPH Ltd. ( (AU:IPH) ) has issued an announcement.

IPH Limited has announced an update regarding its ongoing buy-back program, focusing on ordinary fully paid securities. The company reported that a total of 14,733,150 securities were bought back before the previous day, with an additional 163,000 securities bought back on the previous day. This buy-back initiative is part of IPH Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:IPH) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on IPH Ltd. stock, see the AU:IPH Stock Forecast page.

More about IPH Ltd.

Average Trading Volume: 1,327,045

Technical Sentiment Signal: Sell

Current Market Cap: A$1.32B

Find detailed analytics on IPH stock on TipRanks’ Stock Analysis page.

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