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Salter Brothers Emerging Companies Ltd. ( (AU:SB2) ) has issued an update.
Salter Brothers Emerging Companies Limited announced the cancellation of 570,000 fully paid ordinary shares as part of its on-market share buyback in January 2025. This move is expected to impact the company’s share capital structure and could potentially influence its market positioning and shareholder value.
More about Salter Brothers Emerging Companies Ltd.
Salter Brothers Emerging Companies Limited is an Australian-owned global fund manager specializing in alternative investment offerings for high net worth and institutional investors in property, credit, and equities. With assets under management exceeding A$3 billion, the company focuses on acquiring and enhancing high-quality specialist property assets and investing in growth businesses, with operations expanding across Australia, Asia, and the USA.
YTD Price Performance: 5.62%
Average Trading Volume: 174,916
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$72.56M
For detailed information about SB2 stock, go to TipRanks’ Stock Analysis page.