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Kingsgate Consolidated Limited ( (AU:KCN) ) just unveiled an update.
Kingsgate Consolidated Limited has announced an update regarding its on-market buy-back of ordinary fully paid securities. The company reported that it bought back 153,445 securities on the previous day, marking the first buy-back since the initial notification on May 1, 2025. This buy-back activity could potentially impact the company’s share value and investor confidence as it reflects the company’s strategy to manage its capital and shares in the market.
The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.
More about Kingsgate Consolidated Limited
Average Trading Volume: 839,442
Technical Sentiment Signal: Buy
Current Market Cap: A$500M
For an in-depth examination of KCN stock, go to TipRanks’ Stock Analysis page.