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Treasury Wine Estates Limited ( (AU:TWE) ) has provided an update.
Treasury Wine Estates Limited has announced an update on its ongoing on-market buy-back of ordinary fully paid securities, with a total of 305,528 securities 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 operates in the wine industry, focusing on the production and distribution of a wide range of wine products. The company is known for its premium wine brands and has a strong market presence globally.
Average Trading Volume: 5,651,777
Technical Sentiment Signal: Sell
Current Market Cap: A$6.35B
See more data about TWE stock on TipRanks’ Stock Analysis page.