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An update from Mitchell Services Limited ( (AU:MSV) ) is now available.
Mitchell Services Limited has announced an update on their ongoing on-market buy-back program, detailing the acquisition of an additional 10,000 ordinary fully paid securities, bringing the total number of bought-back securities to 1,889,843. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in its financial position.
More about Mitchell Services Limited
Mitchell Services Limited operates within the drilling services industry, offering a range of drilling solutions primarily focused on mining and resources sectors.
YTD Price Performance: 5.88%
Average Trading Volume: 216,482
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$76.43M
See more insights into MSV stock on TipRanks’ Stock Analysis page.