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The latest update is out from Capral Limited ( (AU:CAA) ).
Capral Limited has announced an update on its ongoing share buy-back program, with a total of 558,922 securities bought back before the previous day and an additional 1,024 securities acquired on the last trading day. This buy-back initiative is part of Capral’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach in managing its equity and signaling confidence in its 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 and distributing aluminum products. The company is known for its extensive range of aluminum extrusions and related products, catering to various sectors including construction, automotive, and industrial markets.
Average Trading Volume: 17,050
Technical Sentiment Signal: Buy
Current Market Cap: A$179.6M
For detailed information about CAA stock, go to TipRanks’ Stock Analysis page.