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Mach7 Technologies ( (AU:M7T) ) has shared an announcement.
Mach7 Technologies Limited has announced a daily update on its ongoing on-market buy-back program, revealing that a total of 19,862 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 6,070,000 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially 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 software solutions for healthcare enterprises. The company specializes in medical imaging and data management systems, aiming to enhance the efficiency and quality of healthcare services.
Average Trading Volume: 260,990
Technical Sentiment Signal: Sell
Current Market Cap: A$83.23M
For an in-depth examination of M7T stock, go to TipRanks’ Overview page.