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Kingsgate Consolidated Limited ( (AU:KCN) ) just unveiled an announcement.
Kingsgate Consolidated Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back 484,500 ordinary fully paid securities on the previous day, adding to a total of 705,620 securities repurchased before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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
YTD Price Performance: 55.64%
Average Trading Volume: 875,811
Technical Sentiment Signal: Buy
Current Market Cap: A$515.5M
For detailed information about KCN stock, go to TipRanks’ Stock Analysis page.
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