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The latest update is out from IPH Ltd. ( (AU:IPH) ).
IPH Ltd. has announced an update on its ongoing share buy-back program, reporting the purchase of 216,856 ordinary fully paid securities on the previous day, bringing the total number of shares bought back to 13,532,463. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its commitment to returning surplus capital to shareholders.
The most recent analyst rating on (AU:IPH) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on IPH Ltd. stock, see the AU:IPH Stock Forecast page.
More about IPH Ltd.
IPH Ltd. operates in the intellectual property services industry, providing a range of services related to intellectual property management and protection. The company is focused on offering comprehensive solutions to clients seeking to safeguard their intellectual property rights in various markets.
Average Trading Volume: 1,339,808
Technical Sentiment Signal: Sell
Current Market Cap: A$1.26B
Find detailed analytics on IPH stock on TipRanks’ Stock Analysis page.