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GWA Group Limited Updates on Share Buy-Back Program

Story Highlights
  • GWA Group Limited focuses on bathroom and kitchen products in residential and commercial markets.
  • The company repurchased 122,095 securities as part of its ongoing buy-back program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GWA Group Limited Updates on Share Buy-Back Program

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GWA Group Limited ( (AU:GWA) ) has issued an update.

GWA Group Limited has announced an update on its ongoing share buy-back program, revealing that a total of 2,759,118 securities have been bought back before the previous day, with an additional 122,095 securities repurchased on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to returning capital to shareholders and maintaining a balanced financial position.

The most recent analyst rating on (AU:GWA) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on GWA Group Limited stock, see the AU:GWA Stock Forecast page.

More about GWA Group Limited

GWA Group Limited operates in the building fixtures and fittings industry, primarily focusing on the design, manufacture, import, and distribution of bathroom and kitchen products. The company serves both residential and commercial markets, offering a range of products that cater to various customer needs.

Average Trading Volume: 357,100

Technical Sentiment Signal: Buy

Current Market Cap: A$633.8M

See more insights into GWA stock on TipRanks’ Stock Analysis page.

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