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Nanosonics Limited ( (AU:NAN) ) has shared an announcement.
Nanosonics Limited has announced a daily on-market buy-back of its ordinary fully paid securities, as part of its capital management strategy. The buy-back will be conducted through Goldman Sachs, indicating a proactive approach to managing its share capital, which may positively influence investor confidence and market perception.
The most recent analyst rating on (AU:NAN) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Nanosonics Limited stock, see the AU:NAN Stock Forecast page.
More about Nanosonics Limited
Nanosonics Limited operates in the healthcare industry, specializing in infection prevention solutions. The company is known for its innovative products designed to reduce the risk of infection transmission, primarily focusing on the development and distribution of disinfection technologies.
Average Trading Volume: 651,130
Technical Sentiment Signal: Buy
Current Market Cap: A$1.3B
For an in-depth examination of NAN stock, go to TipRanks’ Overview page.