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South32 Limited Updates on Market Buy-Back Program

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South32 Limited Updates on Market Buy-Back Program

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

South32 Limited has announced an update on its ongoing on-market buy-back program, with a total of 21,166,169 securities bought back before the previous day and an additional 492,325 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and shareholder relations.

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 operates in the mining industry, focusing on the extraction and production of commodities such as aluminum, coal, manganese, nickel, silver, lead, and zinc. The company is positioned to serve global markets with a diverse portfolio of mining operations.

Average Trading Volume: 20,711,902

Technical Sentiment Signal: Sell

Current Market Cap: A$13.22B

Find detailed analytics on S32 stock on TipRanks’ Stock Analysis page.

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