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Ventia Services Group Limited ( (AU:VNT) ) has issued an announcement.
Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back program. The company reported the buy-back of 299,173 ordinary fully paid securities on the previous day, contributing to a total of 22,095,124 securities bought back to date. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and demonstrating confidence in its financial health.
The most recent analyst rating on (AU:VNT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.
More about Ventia Services Group Limited
Ventia Services Group Limited operates in the services industry, focusing on providing essential infrastructure services. The company is known for its comprehensive range of services that cater to various sectors, including telecommunications, utilities, and transport, positioning itself as a key player in the market.
Average Trading Volume: 2,042,071
Technical Sentiment Signal: Buy
Current Market Cap: A$4.57B
For detailed information about VNT stock, go to TipRanks’ Stock Analysis page.