TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ventia Services Group Limited ( (AU:VNT) ) has shared an announcement.
Ventia Services Group Limited announced an update on its ongoing on-market buy-back program, revealing that it had repurchased 159,293 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 23,554,440. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to maintaining a balanced and efficient capital management approach.
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 across various sectors. The company is known for its comprehensive offerings in maintenance, operations, and management services, catering to a diverse range of markets.
Average Trading Volume: 2,116,932
Technical Sentiment Signal: Buy
Current Market Cap: A$4.5B
Learn more about VNT stock on TipRanks’ Stock Analysis page.