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Latitude Group Holdings Ltd. Updates on Securities Buy-Back

Story Highlights
  • Latitude Group Holdings Ltd. is a financial services company offering consumer finance products.
  • The company updated its buy-back of CAP NOTE securities, with 323 bought back recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Latitude Group Holdings Ltd. Updates on Securities Buy-Back

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Latitude Group Holdings Ltd. ( (AU:LFS) ) has issued an update.

Latitude Group Holdings Ltd. has announced an update regarding its ongoing buy-back of securities, specifically the CAP NOTE 3-BBSW+4.75% PERP NON-CUM RED T-10-26. The update indicates that a total of 323 securities were bought back on the previous day, adding to the cumulative total of 30,655 securities bought back before that day. This buy-back initiative is part of Latitude’s strategy to manage its capital structure and potentially enhance shareholder value.

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 including personal loans, credit cards, and insurance solutions. The company focuses on providing accessible financial services to consumers, leveraging technology to enhance customer experience and streamline operations.

Average Trading Volume: 49,460

Technical Sentiment Signal: Hold

Current Market Cap: A$1.17B

See more insights into LFS stock on TipRanks’ Stock Analysis page.

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