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An announcement from Treasury Wine Estates Limited ( (AU:TWE) ) is now available.
Treasury Wine Estates Limited has announced the completion of an on-market buy-back of its ordinary fully paid securities, totaling 3,989,185 shares at a consideration of AUD 30,461,681.72. This buy-back reflects the company’s strategic financial management efforts, potentially enhancing shareholder value and optimizing its capital structure.
The most recent analyst rating on (AU:TWE) stock is a Sell with a A$5.11 price target. To see the full list of analyst forecasts on Treasury Wine Estates Limited stock, see the AU:TWE Stock Forecast page.
More about Treasury Wine Estates Limited
Treasury Wine Estates Limited is a prominent player in the wine industry, specializing in the production and distribution of a wide range of wines. The company focuses on delivering high-quality wine products to a global market, leveraging its extensive portfolio of brands.
Average Trading Volume: 5,590,855
Technical Sentiment Signal: Sell
Current Market Cap: A$4.43B
Learn more about TWE stock on TipRanks’ Stock Analysis page.