tiprankstipranks
Advertisement
Advertisement

Ramelius Resources Continues On-Market Share Buy-Back With Daily ASX Update

Story Highlights
  • Ramelius Resources continues its on-market buy-back, repurchasing over 15 million ordinary shares.
  • The ongoing daily buy-back updates highlight an active capital management strategy aimed at supporting shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ramelius Resources Continues On-Market Share Buy-Back With Daily ASX Update

Claim 55% Off TipRanks

An announcement from Ramelius Resources Limited ( (AU:RMS) ) is now available.

Ramelius Resources Limited has provided an updated notification to the ASX confirming the ongoing execution of its on-market share buy-back for its ordinary fully paid shares. The update records a cumulative total of 13,693,797 shares repurchased prior to the most recent trading day, with a further 2,000,000 bought back on the previous day as part of the program.

The daily buy-back notification, first lodged in December 2025 and now updated as of 13 March 2026, signals the company’s continued commitment to its capital management strategy. The scale of repurchases suggests Ramelius is actively reducing its share count, which may support earnings per share and indicate management’s confidence in the company’s valuation for existing shareholders.

The most recent analyst rating on (AU:RMS) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.

More about Ramelius Resources Limited

Ramelius Resources Limited is an ASX-listed mining company operating under the code RMS, with its ordinary fully paid shares actively traded on the Australian Securities Exchange. The company is engaged in the resources sector, where capital management initiatives such as on-market share buy-backs are a common tool to optimise its balance sheet and shareholder returns.

YTD Price Performance: -2.16%

Average Trading Volume: 9,172,110

Technical Sentiment Signal: Buy

Current Market Cap: A$7.83B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1