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Nanosonics Limited ( (AU:NAN) ) has issued an announcement.
Nanosonics Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 95,000 ordinary fully paid securities bought back on the previous day, adding to the 97,000 securities bought back before that. This buy-back initiative is part of the company’s efforts to manage its capital structure and potentially enhance shareholder value, reflecting a strategic move that may influence its market positioning and stakeholder interests.
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 control solutions. The company is known for its innovative products aimed at reducing the risk of infection in medical settings.
Average Trading Volume: 642,617
Technical Sentiment Signal: Buy
Current Market Cap: A$1.29B
For a thorough assessment of NAN stock, go to TipRanks’ Stock Analysis page.