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Solvar Limited Updates on Share Buy-Back Progress

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Solvar Limited Updates on Share Buy-Back Progress

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

Solvar Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, with a recent purchase of 280,000 shares, bringing the total to over 13 million shares bought back. This buy-back initiative is part of Solvar’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.

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: 262,054

Technical Sentiment Signal: Buy

Current Market Cap: A$340.3M

Learn more about SVR stock on TipRanks’ Stock Analysis page.

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