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Ventia Services Group Limited ( (AU:VNT) ) has provided an announcement.
Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back program, where it repurchased 85,063 ordinary fully paid securities on the previous day, adding to a total of 25,484,721 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.50 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, providing essential infrastructure services across various sectors. The company focuses on delivering integrated solutions in areas such as telecommunications, transport, and utilities, serving a broad market with a diverse range of services.
Average Trading Volume: 2,199,582
Technical Sentiment Signal: Buy
Current Market Cap: A$4.81B
Learn more about VNT stock on TipRanks’ Stock Analysis page.