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Treasury Wine Estates Limited ( (AU:TWE) ) has provided an update.
Treasury Wine Estates Limited has announced an update regarding its ongoing share buy-back program. As of the latest notification, the company has repurchased a total of 3,814,185 securities, with an additional 175,000 bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize 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, primarily focusing on the production and distribution of a wide range of wines. The company is known for its extensive portfolio of brands and has a significant presence in various global markets.
Average Trading Volume: 4,411,030
Technical Sentiment Signal: Sell
Current Market Cap: A$5.75B
See more insights into TWE stock on TipRanks’ Stock Analysis page.