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Solvar Limited Updates on Ongoing Securities Buy-Back

Story Highlights
  • Solvar Limited is conducting an on-market buy-back of its ordinary securities.
  • The company repurchased 448,152 securities on the previous day as part of its buy-back strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Solvar Limited Updates on Ongoing Securities Buy-Back

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Money3 Corporation Limited ( (AU:SVR) ) has issued an announcement.

Solvar Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified under the ASX code SVR. The company has repurchased a total of 13,774,846 securities before the previous day and an additional 448,152 securities on the previous day. This buy-back initiative reflects Solvar Limited’s strategic move to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:SVR) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Money3 Corporation Limited stock, see the AU:SVR Stock Forecast page.

More about Money3 Corporation Limited

Average Trading Volume: 269,996

Technical Sentiment Signal: Buy

Current Market Cap: A$341.3M

For detailed information about SVR stock, go to TipRanks’ Stock Analysis page.

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