Latitude Group Holdings Updates on Securities Buy-Back

The latest announcement is out from Latitude Group Holdings Ltd. ( (AU:LFS) ).

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 a total of 425 securities bought back on the previous day, adding to the cumulative total of 30,230 securities bought back before that day. This buy-back initiative is part of Latitude’s broader 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 within the financial services industry, focusing on providing consumer finance solutions. The company is known for its range of products including personal loans, credit cards, and interest-free retail finance, primarily targeting the Australian and New Zealand markets.

Average Trading Volume: 47,784

Technical Sentiment Signal: Hold

Current Market Cap: A$1.19B

For detailed information about LFS stock, go to TipRanks’ Stock Analysis page.