Shine Justice Ltd Announces Additional Share Buy-Back

Shine Justice Ltd. ( (AU:SHJ) ) just unveiled an update.

Shine Justice Ltd has announced an additional on-market share buy-back of up to 10% of its issued capital, following a previous buy-back completed earlier this week. This move aligns with the company’s capital management strategy, aiming to enhance shareholder value. The buy-back, set to commence on or around 3 October and span 12 months, will be influenced by market conditions and other factors. Morgans Financial Limited has been appointed to conduct the buy-back, which will adhere to the Corporations Act’s ’10/12′ limit and does not require shareholder approval.

The most recent analyst rating on (AU:SHJ) stock is a Buy with a A$0.99 price target. To see the full list of analyst forecasts on Shine Justice Ltd. stock, see the AU:SHJ Stock Forecast page.

More about Shine Justice Ltd.

Shine Justice Ltd operates in the legal services industry, focusing on providing justice and compensation services. The company is known for its commitment to offering legal assistance and representation, primarily in the areas of personal injury and class actions.

Average Trading Volume: 58,803

Technical Sentiment Signal: Sell

Current Market Cap: A$115.4M

Find detailed analytics on SHJ stock on TipRanks’ Stock Analysis page.