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An announcement from Vita Life Sciences Limited ( (AU:VLS) ) is now available.
Vita Life Sciences Limited has announced an update on its ongoing share buy-back program, revealing that a total of 39,721 ordinary fully paid securities were bought back on the previous day, adding to the 156,020 securities already acquired. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.
The most recent analyst rating on (AU:VLS) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Vita Life Sciences Limited stock, see the AU:VLS Stock Forecast page.
More about Vita Life Sciences Limited
Vita Life Sciences Limited operates in the health and wellness industry, focusing on the production and distribution of pharmaceuticals and nutritional products. The company is known for its commitment to enhancing the quality of life through its diverse range of health products.
Average Trading Volume: 12,780
Technical Sentiment Signal: Buy
Current Market Cap: A$126.6M
Learn more about VLS stock on TipRanks’ Stock Analysis page.