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Money3 Corporation Limited ( (AU:SVR) ) just unveiled an announcement.
Solvar Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified by the ASX code SVR. The company reported that a total of 75,329 securities were bought back on the previous day, adding to the cumulative total of 20,999,829 securities repurchased before that day. This buy-back initiative is a strategic move by Solvar Limited to potentially enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (AU:SVR) stock is a Hold 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: 250,544
Technical Sentiment Signal: Buy
Current Market Cap: A$290.2M
Learn more about SVR stock on TipRanks’ Stock Analysis page.