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Neuren Pharmaceuticals Announces Cessation of Securities

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Neuren Pharmaceuticals Announces Cessation of Securities

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Neuren Pharmaceuticals Limited ( (AU:NEU) ) has issued an update.

Neuren Pharmaceuticals Limited announced the cessation of 349,920 ordinary fully paid securities due to an on-market buy-back, effective June 17, 2025. This move is part of the company’s capital management strategy, potentially impacting its share structure and market perception, with implications for investors and stakeholders regarding the company’s financial health and strategic direction.

The most recent analyst rating on (AU:NEU) stock is a Buy with a A$27.90 price target. To see the full list of analyst forecasts on Neuren Pharmaceuticals Limited stock, see the AU:NEU Stock Forecast page.

More about Neuren Pharmaceuticals Limited

Neuren Pharmaceuticals Limited operates in the pharmaceutical industry, focusing on the development of therapies for neurological disorders. The company is known for its research and development efforts in creating treatments for conditions such as Rett syndrome and Fragile X syndrome, aiming to address unmet medical needs in these areas.

Average Trading Volume: 723,801

Technical Sentiment Signal: Sell

Current Market Cap: A$1.55B

See more data about NEU stock on TipRanks’ Stock Analysis page.

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