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The latest announcement is out from RPMGlobal Holdings Ltd ( (AU:RUL) ).
RPMGlobal Holdings Limited has announced a daily on-market buy-back of its ordinary fully paid securities, with a maximum of 34,050,000 shares to be repurchased. This move is facilitated by Veritas Securities Ltd and is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value by reducing the number of shares in circulation.
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
Average Trading Volume: 413,684
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$654M
Learn more about RUL stock on TipRanks’ Stock Analysis page.