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Latitude Group Holdings Ltd. Updates on Buy-Back Program

Story Highlights
  • Latitude Group Holdings Ltd. provides consumer finance products in Australia and New Zealand.
  • The company updates on its buy-back program, purchasing 970 securities recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Latitude Group Holdings Ltd. Updates on Buy-Back Program

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An announcement from Latitude Group Holdings Ltd. ( (AU:LFS) ) is now available.

Latitude Group Holdings Ltd. has announced a daily update on its ongoing on-market buy-back program. The company reported purchasing 970 securities on the previous day, adding to a total of 32,178 securities bought back. This buy-back initiative may impact the company’s capital structure and shareholder value, reflecting a strategic move to optimize its financial position.

The most recent analyst rating on (AU:LFS) stock is a Sell with a A$0.95 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, offering a range of consumer finance products and services. The company focuses on providing personal loans, credit cards, and interest-free retail finance solutions, primarily targeting consumers in the Australian and New Zealand markets.

Average Trading Volume: 52,319

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.16B

For an in-depth examination of LFS stock, go to TipRanks’ Stock Analysis page.

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