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IPH Ltd. ( (AU:IPH) ) has provided an update.
IPH Ltd. has announced the final notification of its buy-back program, which involved the repurchase of 15,889,831 ordinary fully paid securities at a total consideration of AUD 74,062,214.22. This on-market buy-back is part of the company’s strategic financial management, potentially enhancing shareholder value and optimizing capital structure.
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: 1,177,636
Technical Sentiment Signal: Sell
Current Market Cap: A$1.33B
For a thorough assessment of IPH stock, go to TipRanks’ Stock Analysis page.