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Ventia Services Group Limited ( (AU:VNT) ) has shared an update.
Ventia Services Group Limited has announced an update on its ongoing on-market buy-back program, reporting the acquisition of 391,308 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 26,962,896. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in its financial position.
The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 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 range of services, including maintenance, facilities management, and other critical support functions, catering to a diverse market that includes government and private sector clients.
Average Trading Volume: 2,321,031
Technical Sentiment Signal: Buy
Current Market Cap: A$4.9B
See more insights into VNT stock on TipRanks’ Stock Analysis page.