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The latest update is out from Aussie Broadband Ltd. ( (AU:ABB) ).
Aussie Broadband Ltd. has announced an update on its ongoing on-market buy-back program, with a total of 8,884,191 securities bought back before the previous day and an additional 140,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ABB) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Aussie Broadband Ltd. stock, see the AU:ABB Stock Forecast page.
More about Aussie Broadband Ltd.
Aussie Broadband Ltd. operates in the telecommunications industry, primarily providing broadband services. The company focuses on delivering high-speed internet and related services to consumers and businesses in Australia.
Average Trading Volume: 907,751
Technical Sentiment Signal: Buy
Current Market Cap: A$1.17B
See more data about ABB stock on TipRanks’ Stock Analysis page.