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The latest announcement is out from Sequoia Financial Group Ltd. ( (AU:SEQ) ).
Sequoia Financial Group Ltd has announced a daily buy-back of its ordinary fully paid securities, with a total of 1,000,000 securities bought back on the previous day. This move is part of an ongoing strategy to manage the company’s capital structure and could potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:SEQ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Sequoia Financial Group Ltd. stock, see the AU:SEQ Stock Forecast page.
More about Sequoia Financial Group Ltd.
Sequoia Financial Group Ltd operates in the financial services industry, providing a range of financial products and services. The company is focused on delivering comprehensive financial solutions to its clients, which may include investment management, financial planning, and advisory services.
Average Trading Volume: 371,496
Technical Sentiment Signal: Sell
Current Market Cap: A$27.19M
For a thorough assessment of SEQ stock, go to TipRanks’ Stock Analysis page.