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Maas Group Holdings Announces Share Buyback Program

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Maas Group Holdings Announces Share Buyback Program

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MAAS Group Holdings Ltd. ( (AU:MGH) ) has provided an announcement.

Maas Group Holdings Limited has announced a further on-market share buy-back of up to 10% of its issued ordinary share capital over 12 months, following the completion of a previous buy-back program. This decision reflects the board’s confidence in the company’s performance and strong capital position, with the execution of the buy-back dependent on market conditions and share price.

More about MAAS Group Holdings Ltd.

MGH is a leading independent Australian construction material, equipment and service provider with diversified exposures across the civil, infrastructure, mining, and real estate end markets.

YTD Price Performance: -5.22%

Average Trading Volume: 302,056

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.62B

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

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