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Northern Star Resources Completes Significant Share Buy-Back

Story Highlights
  • Northern Star Resources Ltd is a gold mining company with a global market focus.
  • The company completed a buy-back of 27,172,098 shares for AUD 299,999,988 to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Northern Star Resources Completes Significant Share Buy-Back

Confident Investing Starts Here:

Northern Star Resources Ltd ( (AU:NST) ) has shared an announcement.

Northern Star Resources Ltd has announced the final notification of its on-market buy-back program, where it has repurchased a total of 27,172,098 ordinary fully paid securities at a total consideration of AUD 299,999,988. This buy-back is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests positively.

The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.

More about Northern Star Resources Ltd

Northern Star Resources Ltd is a company operating in the mining industry, primarily engaged in the exploration and production of gold. The company focuses on delivering high-quality gold products and maintaining a strong market presence in the global mining sector.

Average Trading Volume: 7,210,271

Technical Sentiment Signal: Buy

Current Market Cap: A$26.18B

For a thorough assessment of NST stock, go to TipRanks’ Stock Analysis page.

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