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Computershare Limited ( (AU:CPU) ) just unveiled an update.
Computershare Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 21,922,044 securities bought back prior to the previous day and an additional 145,000 securities acquired 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 by reducing the number of outstanding shares.
The most recent analyst rating on (AU:CPU) stock is a Hold with a A$27.70 price target. To see the full list of analyst forecasts on Computershare Limited stock, see the AU:CPU Stock Forecast page.
More about Computershare Limited
Computershare Limited operates in the financial services industry, providing services such as share registration, employee equity plans, proxy solicitation, stakeholder communications, and other diversified financial and governance services. The company primarily focuses on offering solutions to corporate clients and stakeholders in the securities industry.
Average Trading Volume: 1,714,748
Technical Sentiment Signal: Buy
Current Market Cap: A$23B
For detailed information about CPU stock, go to TipRanks’ Stock Analysis page.