Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Nanosonics Limited ( (AU:NAN) ).
Nanosonics Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. The update confirms that the company is continuing to execute daily buy-backs as part of a previously announced capital management initiative.
The latest disclosure shows that a total of 3,140,547 shares had been bought back prior to the previous trading day, with a further 111,948 shares repurchased on that day. This continued activity underscores Nanosonics’ commitment to returning capital to shareholders and actively managing its share register through regular market transactions.
The most recent analyst rating on (AU:NAN) stock is a Buy with a A$5.55 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, listed on the ASX under the code NAN, is an Australian company whose ordinary fully paid shares are actively traded on the market. The company is engaged in capital management activities, including on-market share buy-backs, as part of its approach to managing its listed equity base and shareholder value over time.
Average Trading Volume: 606,792
Technical Sentiment Signal: Sell
Current Market Cap: A$1.05B
Learn more about NAN stock on TipRanks’ Stock Analysis page.