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Latitude Group Holdings Updates on Securities Buy-Back Program

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Latitude Group Holdings Updates on Securities Buy-Back Program

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

Latitude Group Holdings Ltd. has announced an update on its ongoing on-market buy-back program for its securities, specifically the CAP NOTE 3-BBSW+4.75% PERP NON-CUM RED T-10-26. As of the latest update, the company has bought back a total of 31,721 securities before the previous day, with an additional 457 securities purchased on the previous 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, focusing on providing consumer finance solutions. The company offers a range of products including personal loans, credit cards, and insurance products, primarily targeting consumers in Australia and New Zealand.

Average Trading Volume: 52,429

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.16B

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

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