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Transurban Group ( (AU:TCL) ) has shared an announcement.
Transurban Group has successfully settled its Euro Bond Tender Offers, purchasing and cancelling significant portions of its €500 million 2028 Notes and €750 million 2030 Notes. This financial maneuver reduces the company’s outstanding debt, potentially strengthening its financial position and enhancing its strategic flexibility in the infrastructure sector.
The most recent analyst rating on (AU:TCL) stock is a Buy with a A$16.10 price target. To see the full list of analyst forecasts on Transurban Group stock, see the AU:TCL Stock Forecast page.
More about Transurban Group
Transurban Group is a leading company in the infrastructure industry, primarily focused on the development and management of urban toll road networks. The company operates internationally, with a significant market presence in Australia and North America, providing essential transportation services to enhance urban mobility.
Average Trading Volume: 4,746,035
Technical Sentiment Signal: Buy
Current Market Cap: A$47B
Learn more about TCL stock on TipRanks’ Stock Analysis page.