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South32 Announces Cessation of Securities Through Buy-Back

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South32 Announces Cessation of Securities Through Buy-Back

Confident Investing Starts Here:

The latest announcement is out from South32 ( (AU:S32) ).

South32 Limited announced the cessation of 1,218,635 ordinary fully paid securities due to an on-market buy-back, effective May 31, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market positioning by reducing the number of outstanding shares.

The most recent analyst rating on (AU:S32) stock is a Hold with a A$1.90 price target. To see the full list of analyst forecasts on South32 stock, see the AU:S32 Stock Forecast page.

More about South32

South32 Limited is a globally diversified mining and metals company. It produces commodities such as aluminum, coal, manganese, nickel, silver, lead, and zinc, with a focus on sustainability and operational excellence in the resources sector.

YTD Price Performance: -8.90%

Average Trading Volume: 20,811,327

Technical Sentiment Signal: Sell

Current Market Cap: A$13.72B

Learn more about S32 stock on TipRanks’ Stock Analysis page.

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