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Money3 Corporation Limited ( (AU:SVR) ) just unveiled an announcement.
Solvar Limited has announced an update regarding its ongoing buy-back program, which involves the repurchase of its ordinary fully paid securities, identified by the ASX code SVR. The company reported that it bought back a total of 95,229 securities on the previous day, adding to the cumulative total of 19,996,711 securities repurchased since the program’s initiation. This buy-back initiative is part of Solvar Limited’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:SVR) stock is a Hold with a A$1.70 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: 206,722
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$312.5M
See more data about SVR stock on TipRanks’ Stock Analysis page.