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oOh media Ltd ( (AU:OML) ) has issued an update.
oOh!media Limited has cancelled 5,265,662 ordinary fully paid shares as part of an on-market buy-back, effective 31 March 2026. The reduction in issued capital signals continued capital management by the company, potentially enhancing earnings per share and reflecting management’s confidence in the business while modestly increasing existing shareholders’ relative ownership.
The most recent analyst rating on (AU:OML) stock is a Buy with a A$0.99 price target. To see the full list of analyst forecasts on oOh media Ltd stock, see the AU:OML Stock Forecast page.
More about oOh media Ltd
oOh!media Limited is an Australian out-of-home advertising company listed on the ASX under the code OML. It operates across formats such as billboards, street furniture, and other outdoor media assets, providing advertising solutions to brands targeting commuters, shoppers, and other audiences in public spaces.
Average Trading Volume: 1,451,450
Technical Sentiment Signal: Sell
Current Market Cap: A$474.1M
See more data about OML stock on TipRanks’ Stock Analysis page.