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Latitude Group Holdings Ltd. ( (AU:LFS) ) just unveiled an announcement.
Latitude Group Holdings Ltd. has announced a daily buy-back of its securities, specifically the CAP NOTE 3-BBSW+4.75% PERP NON-CUM RED T-10-26. This move is part of their ongoing strategy to manage capital efficiently and potentially enhance shareholder value. The buy-back reflects the company’s confidence in its financial position and market conditions, indicating a proactive approach to maintaining a balanced capital structure.
The most recent analyst rating on (AU:LFS) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Latitude Group Holdings Ltd. stock, see the AU:LFS Stock Forecast page.
More about Latitude Group Holdings Ltd.
Latitude Group Holdings Ltd. operates in the financial services industry, providing a range of consumer finance products including personal loans, credit cards, and insurance services, primarily focusing on the Australian and New Zealand markets.
Average Trading Volume: 84,826
Technical Sentiment Signal: Buy
Current Market Cap: A$1.18B
Learn more about LFS stock on TipRanks’ Stock Analysis page.