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The latest update is out from Mach7 Technologies ( (AU:M7T) ).
Mach7 Technologies Limited has announced an update regarding its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest notification, the company has bought back a total of 6,273,000 securities, including 13,000 on the previous day. This buy-back initiative is part of Mach7’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 advanced imaging solutions and services. The company is known for its innovative healthcare IT products that enhance medical imaging workflows and data management, catering primarily to healthcare providers and institutions.
YTD Price Performance: -13.75%
Average Trading Volume: 271,630
Technical Sentiment Signal: Sell
Current Market Cap: A$83.23M
See more insights into M7T stock on TipRanks’ Stock Analysis page.