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Pacific Smiles Completes Minimum Holding Buy-Back to Optimize Capital Structure

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Pacific Smiles Completes Minimum Holding Buy-Back to Optimize Capital Structure

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Pacific Smiles Group Ltd ( (AU:PSQ) ) has provided an announcement.

Pacific Smiles Group Ltd has successfully completed a minimum holding buy-back of unmarketable parcels of shares, acquiring and cancelling 8,527 shares valued at $14,398.80. This move is expected to reduce administrative costs and streamline the company’s capital structure, decreasing the number of shareholders from 349 to 252.

The most recent analyst rating on (AU:PSQ) stock is a Hold with a A$1.95 price target. To see the full list of analyst forecasts on Pacific Smiles Group Ltd stock, see the AU:PSQ Stock Forecast page.

More about Pacific Smiles Group Ltd

Pacific Smiles Group Ltd operates in the healthcare industry, primarily focusing on providing dental services. The company is known for its network of dental centers across Australia, offering a range of dental care services to its clients.

Average Trading Volume: 1,569

Technical Sentiment Signal: Sell

Current Market Cap: A$244.1M

See more insights into PSQ stock on TipRanks’ Stock Analysis page.

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