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Teaminvest Private Group Ltd Announces Daily Share Buy-Back Update

Story Highlights
  • Teaminvest Private Group Ltd is conducting a daily buy-back of its ordinary fully paid securities.
  • The company bought back 5,837 securities on the previous day as part of its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Teaminvest Private Group Ltd Announces Daily Share Buy-Back Update

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The latest announcement is out from Teaminvest Private Group Ltd ( (AU:TIP) ).

Teaminvest Private Group Ltd has announced a daily buy-back notification for its ordinary fully paid securities, identified by the ASX security code TIP. The company has been actively buying back its shares, with a total of 178,397 securities bought back before the previous day and an additional 5,837 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:TIP) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Teaminvest Private Group Ltd stock, see the AU:TIP Stock Forecast page.

More about Teaminvest Private Group Ltd

Average Trading Volume: 17,332

Technical Sentiment Signal: Sell

Current Market Cap: A$45.89M

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

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