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Nanosonics Limited ( (AU:NAN) ) has issued an update.
Nanosonics Limited has announced an update on its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company bought back 98,000 securities on the previous day, adding to a total of 192,000 securities repurchased before that. This buy-back initiative reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
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, particularly in the area of ultrasound probe disinfection, and focuses on enhancing patient safety and reducing infection risks in healthcare settings.
Average Trading Volume: 633,151
Technical Sentiment Signal: Buy
Current Market Cap: A$1.27B
Find detailed analytics on NAN stock on TipRanks’ Stock Analysis page.