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Australian Clinical Labs Ltd ( (AU:ACL) ) has shared an update.
Australian Clinical Labs Ltd has announced an update on its ongoing share buy-back program, revealing that it bought back 300,000 ordinary fully paid securities on the previous day, adding to a total of 4,592,629 securities repurchased before that 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:ACL) stock is a Buy with a A$4.25 price target. To see the full list of analyst forecasts on Australian Clinical Labs Ltd stock, see the AU:ACL Stock Forecast page.
More about Australian Clinical Labs Ltd
Australian Clinical Labs Ltd operates in the healthcare industry, primarily focusing on providing pathology services. The company is known for its diagnostic testing services, catering to a wide range of medical needs across Australia.
Average Trading Volume: 1,027,281
Technical Sentiment Signal: Hold
Current Market Cap: A$597.1M
See more insights into ACL stock on TipRanks’ Stock Analysis page.