Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Salter Brothers Emerging Companies Ltd. ( (AU:SB2) ) has shared an announcement.
Salter Brothers Emerging Companies Ltd. has announced an update on their ongoing on-market buy-back program. The company reported the buy-back of 220,000 ordinary fully paid shares, bringing the total number of shares repurchased to over 8.5 million. This strategic move is part of their effort to enhance shareholder value and manage capital effectively, reflecting their commitment to optimizing financial operations and reinforcing their market position.
More about Salter Brothers Emerging Companies Ltd.
Salter Brothers Emerging Companies Ltd. operates in the financial sector, focusing on investments in emerging companies. The firm primarily deals with securities and aims to provide growth opportunities through strategic buy-backs and market engagements.
YTD Price Performance: 1.25%
Average Trading Volume: 162,179
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$69.56M
For detailed information about SB2 stock, go to TipRanks’ Stock Analysis page.