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Sequoia Financial Group Ltd. ( (AU:SEQ) ) has provided an announcement.
Sequoia Financial Group Ltd has announced the reinstatement of its on-market share buy-back program, allowing the company to repurchase up to 10% of its issued ordinary shares over the next 12 months. This move, funded from existing cash reserves, aims to enhance shareholder value through proactive capital management, although the actual number of shares purchased will depend on market conditions and other factors.
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, focusing on providing a range of financial solutions and services. The company is involved in wealth management, financial planning, and investment services, catering to a diverse clientele with a focus on enhancing shareholder value through strategic financial management.
Average Trading Volume: 426,964
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$35.84M
For detailed information about SEQ stock, go to TipRanks’ Stock Analysis page.