Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Smartgroup Corporation Ltd ( (AU:SIQ) ) has shared an update.
Smartgroup Corporation Ltd has announced the final notification of its buy-back program, purchasing a total of 610,262 ordinary fully paid securities for AUD 4,350,571.33. This buy-back is part of an employee share scheme, indicating the company’s commitment to enhancing shareholder value and optimizing its capital structure.
More about Smartgroup Corporation Ltd
Smartgroup Corporation Ltd operates in the financial services industry, focusing on providing salary packaging and novated leasing services. The company is known for its employee benefits solutions and has a market focus on enhancing employee remuneration packages.
YTD Price Performance: 7.41%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $699.4M
See more insights into SIQ stock on TipRanks’ Stock Analysis page.