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Treasury Wine Estates Limited ( (AU:TWE) ) has shared an announcement.
Treasury Wine Estates Limited announced an update regarding its ongoing on-market buy-back program, with 325,450 ordinary fully paid 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:TWE) stock is a Buy with a A$8.50 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, focusing on the production and distribution of a wide range of wines. The company is known for its extensive portfolio of wine brands and has a significant presence in the global market.
Average Trading Volume: 6,899,196
Technical Sentiment Signal: Sell
Current Market Cap: A$6.38B
Learn more about TWE stock on TipRanks’ Stock Analysis page.