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The latest update is out from Ansell ( (AU:ANN) ).
Ansell Limited has announced an update on its ongoing on-market buy-back program, with a total of 146,608 ordinary fully paid securities bought back on the previous day, bringing the total number of securities bought back to 137,274 before the previous day. This buy-back initiative reflects Ansell’s strategic focus on optimizing its capital structure and potentially enhancing shareholder value, indicating a proactive approach to managing its financial resources.
The most recent analyst rating on (AU:ANN) stock is a Hold with a A$35.50 price target. To see the full list of analyst forecasts on Ansell stock, see the AU:ANN Stock Forecast page.
More about Ansell
Ansell Limited operates in the protective solutions industry, specializing in the production of personal protective equipment (PPE) such as gloves and protective clothing. The company focuses on providing safety solutions across various sectors, including healthcare, industrial, and consumer markets.
YTD Price Performance: 2.60%
Average Trading Volume: 330,566
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.93B
See more insights into ANN stock on TipRanks’ Stock Analysis page.