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Neuren Pharmaceuticals Updates on Daily Buy-Back Activity

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Neuren Pharmaceuticals Updates on Daily Buy-Back Activity

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Neuren Pharmaceuticals Limited ( (AU:NEU) ) has provided an announcement.

Neuren Pharmaceuticals Limited announced a daily update on its ongoing on-market buy-back program, revealing that a total of 31,664 ordinary fully paid securities were bought back on the previous day. This buy-back initiative, which commenced on November 14, 2024, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:NEU) stock is a Buy with a A$31.40 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 drugs for neurological disorders. The company is primarily engaged in creating therapies for conditions such as Rett syndrome and Fragile X syndrome, targeting niche markets within the broader healthcare sector.

Average Trading Volume: 727,923

Technical Sentiment Signal: Buy

Current Market Cap: A$1.74B

Find detailed analytics on NEU stock on TipRanks’ Stock Analysis page.

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