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Mach7 Technologies ( (AU:M7T) ) has provided an announcement.
Mach7 Technologies Limited has announced a daily update on its ongoing on-market buy-back program. The company has repurchased a total of 3,940,000 ordinary fully paid securities prior to the previous day, with an additional 70,000 securities bought back on the previous day. This buy-back initiative is part of Mach7’s strategy to optimize its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:M7T) stock is a Buy with a A$0.95 price target. To see the full list of analyst forecasts on Mach7 Technologies stock, see the AU:M7T Stock Forecast page.
More about Mach7 Technologies
Mach7 Technologies Limited operates in the technology industry, focusing on providing innovative healthcare solutions. The company specializes in developing enterprise imaging platforms that enable healthcare organizations to manage and share medical images and data efficiently.
YTD Price Performance: -10.0%
Average Trading Volume: 269,077
Technical Sentiment Signal: Sell
Current Market Cap: A$86.85M
Learn more about M7T stock on TipRanks’ Stock Analysis page.