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Nanosonics Limited ( (AU:NAN) ) has issued an update.
Nanosonics Limited has announced a daily update regarding its ongoing on-market buy-back program, with a total of 65,909 ordinary fully paid securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.
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 the development and distribution of infection prevention solutions. The company’s primary product is the trophon® EPR, a device used for high-level disinfection of ultrasound probes, serving a critical need in medical facilities globally.
Average Trading Volume: 628,343
Technical Sentiment Signal: Buy
Current Market Cap: A$1.26B
For a thorough assessment of NAN stock, go to TipRanks’ Stock Analysis page.