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Salter Brothers Emerging Companies Ltd. ( (AU:SB2) ) just unveiled an announcement.
Salter Brothers Emerging Companies Limited has announced the cancellation of 54,333 fully paid ordinary shares as part of its on-market share buyback program. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing returns for its investors.
More about Salter Brothers Emerging Companies Ltd.
Salter Brothers Emerging Companies Limited (ASX: SB2) is an actively managed Australian small caps investment fund that focuses on providing investors with attractive risk-adjusted returns over the long term. The company invests in listed and unlisted emerging companies with a market cap under $500 million across various sectors. Salter Brothers, the parent company, is a global alternatives fund manager with operations in Australia, Singapore, and the USA, managing over $4 billion in assets across property, equities, and private credit.
Average Trading Volume: 140,388
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$61.17M
See more data about SB2 stock on TipRanks’ Stock Analysis page.