tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Capral Limited Updates on Ongoing Buy-Back Program

Story Highlights
Capral Limited Updates on Ongoing Buy-Back Program

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.

Capral Limited ( (AU:CAA) ) has shared an update.

Capral Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 638,405 securities bought back before the previous day and an additional 1,774 securities acquired on the previous day. This buy-back initiative is part of Capral’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

The most recent analyst rating on (AU:CAA) stock is a Buy with a A$12.50 price target. To see the full list of analyst forecasts on Capral Limited stock, see the AU:CAA Stock Forecast page.

More about Capral Limited

Capral Limited operates in the manufacturing industry, primarily focusing on producing aluminum products. The company is known for its extensive range of aluminum extrusions and solutions, catering to various sectors including construction, automotive, and industrial markets.

Average Trading Volume: 18,377

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$181.2M

Learn more about CAA 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