tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Washington H. Soul Pattinson Announces Selective Buy-Back

Story Highlights
Washington H. Soul Pattinson Announces Selective Buy-Back

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has provided an update.

Washington H. Soul Pattinson and Company Limited announced a selective buy-back of 53,829,015 securities from WHSP Holdings Ltd, out of a total of 433,748,697 securities on issue. This move is part of the company’s strategy to manage its capital structure effectively, potentially impacting its financial performance and market positioning.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.

More about Washington H. Soul Pattinson and Co.

Washington H. Soul Pattinson and Company Limited is a diversified investment company involved in various sectors, including telecommunications, energy, and financial services. The company focuses on long-term investments and has a significant presence in the Australian market.

Average Trading Volume: 716,615

Technical Sentiment Signal: Buy

Current Market Cap: A$14.74B

See more insights into SOL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1