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Temple & Webster Updates on Buy-Back Program

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Temple & Webster Updates on Buy-Back Program

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Temple & Webster Group Ltd ( (AU:TPW) ) just unveiled an announcement.

Temple & Webster Group Ltd has announced an update on its ongoing on-market buy-back program, revealing that a total of 37,912 ordinary fully paid securities were bought back on the previous day, adding to the 304,256 securities bought back before that. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach to optimizing financial operations.

The most recent analyst rating on (AU:TPW) stock is a Hold with a A$14.50 price target. To see the full list of analyst forecasts on Temple & Webster Group Ltd stock, see the AU:TPW Stock Forecast page.

More about Temple & Webster Group Ltd

Temple & Webster Group Ltd operates in the online retail industry, primarily focusing on selling furniture and homewares. The company targets consumers looking for stylish and affordable home furnishings, leveraging an e-commerce platform to reach a broad market.

Average Trading Volume: 484,555

Technical Sentiment Signal: Hold

Current Market Cap: A$1.68B

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

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