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RPMGlobal Holdings Ltd Initiates On-Market Buy-Back

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RPMGlobal Holdings Ltd ( (AU:RUL) ) has provided an update.

RPMGlobal Holdings Ltd 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, facilitated by Veritas Securities Ltd, is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and optimizing the company’s financial position.

More about RPMGlobal Holdings Ltd

YTD Price Performance: -17.05%

Average Trading Volume: 418,411

Technical Sentiment Signal: Sell

Current Market Cap: A$561.9M

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

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