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EarlyPay Limited Updates on Share Buy-Back Program

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EarlyPay Limited Updates on Share Buy-Back Program

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EarlyPay Limited ( (AU:EPY) ) just unveiled an announcement.

EarlyPay Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 250,000 ordinary fully paid securities were repurchased on the previous day, adding to the 630,915 securities bought back before that. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure effectively, which could potentially enhance shareholder value and reflect confidence in the company’s financial health.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

More about EarlyPay Limited

EarlyPay Limited operates in the financial services industry, focusing on providing financing solutions. The company primarily offers invoice financing and equipment financing services, catering to small and medium-sized enterprises (SMEs) to enhance their cash flow and operational efficiency.

Average Trading Volume: 88,437

Technical Sentiment Signal: Hold

Current Market Cap: A$57.16M

Learn more about EPY stock on TipRanks’ Stock Analysis page.

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