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Shriro Holdings Ltd. ( (AU:SHM) ) has shared an announcement.
Shriro Holdings Limited, listed on the ASX under the ticker SHM, recently completed a fully subscribed share buy-back, purchasing 19.2% of its shares at a premium to the market price. The buy-back, which amounted to $15 million, was oversubscribed, leading to a pro-rata scale-back of additional shares offered by shareholders. This strategic financial maneuver is intended to be a low-risk use of capital, ensuring continued strong returns for shareholders.
More about Shriro Holdings Ltd.
YTD Price Performance: 3.95%
Average Trading Volume: 28,246
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$76.17M
See more insights into SHM stock on TipRanks’ Stock Analysis page.
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