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RPMGlobal Holdings Ltd ( (AU:RUL) ) has provided an update.
RPMGlobal Holdings Ltd has announced the cessation of 17,189 ordinary fully paid securities as part of an on-market buy-back. This move is part of the company’s capital management strategy, potentially impacting its share value and market position by reducing the number of shares outstanding, which can lead to increased earnings per share and potentially enhance shareholder value.
The most recent analyst rating on (AU:RUL) stock is a Buy with a A$2.90 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.
More about RPMGlobal Holdings Ltd
RPMGlobal Holdings Ltd operates in the software industry, providing specialized solutions for the mining sector. The company focuses on delivering innovative software products and advisory services that enhance operational efficiency and decision-making for mining companies worldwide.
Average Trading Volume: 417,674
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$623.6M
See more data about RUL stock on TipRanks’ Stock Analysis page.