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South32 ( (AU:S32) ) has provided an announcement.
South32 Limited has announced an update on its ongoing share buy-back program, with a total of 24,134,802 securities bought back before the previous day and an additional 439,357 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and deliver value to its shareholders, reflecting confidence in its financial position and future prospects.
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 and metals industry, focusing on the extraction and production of commodities such as aluminum, coal, manganese, nickel, silver, lead, and zinc. The company is engaged in the development and management of natural resources, with a market focus on supplying these essential materials globally.
YTD Price Performance: -12.19%
Average Trading Volume: 21,133,340
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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