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Latitude Group Holdings Ltd. ( (AU:LFS) ) has provided an announcement.
Latitude Group Holdings Ltd. has announced an update regarding its ongoing on-market buy-back of securities, specifically the CAP NOTE 3-BBSW+4.75% PERP NON-CUM RED T-10-26. The company reported that a total of 1,295 securities were bought back on the previous day, adding to the cumulative total of 98,215 securities repurchased. This buy-back initiative is part of Latitude’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in its financial position.
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 interest-free retail finance. The company focuses on offering flexible financial solutions to consumers across various market segments.
Average Trading Volume: 127,149
Technical Sentiment Signal: Buy
Current Market Cap: A$1.19B
For a thorough assessment of LFS stock, go to TipRanks’ Stock Analysis page.