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Mitchell Services Limited ( (AU:MSV) ) has provided an announcement.
Mitchell Services Limited has announced an extension of its on-market share buy-back program, allowing the company to repurchase up to 10% of its fully paid ordinary shares over the next 12 months starting from July 15, 2025. This move is likely to impact the company’s stock performance and shareholder value, reflecting a strategic decision by the board to optimize capital management and potentially enhance shareholder returns.
The most recent analyst rating on (AU:MSV) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Mitchell Services Limited stock, see the AU:MSV Stock Forecast page.
More about Mitchell Services Limited
Mitchell Services Limited operates in the drilling services industry, providing drilling solutions primarily for the mining and resources sectors. The company focuses on delivering high-quality, efficient, and safe drilling services to its clients.
Average Trading Volume: 160,463
Technical Sentiment Signal: Sell
Current Market Cap: A$52.99M
For detailed information about MSV stock, go to TipRanks’ Stock Analysis page.