Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from IVE Group Ltd. ( (AU:IGL) ).
IVE Group Ltd. has announced a daily update on its ongoing on-market buy-back program, revealing that a total of 56,308 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 930,243 securities repurchased. This buy-back initiative is part of IVE Group’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:IGL) stock is a Buy with a A$3.10 price target. To see the full list of analyst forecasts on IVE Group Ltd. stock, see the AU:IGL Stock Forecast page.
More about IVE Group Ltd.
IVE Group Ltd. operates in the marketing and print communications industry, providing a range of services including creative design, data-driven communications, and print production. The company focuses on delivering integrated marketing solutions to a diverse client base, enhancing their market presence and engagement.
Average Trading Volume: 225,853
Technical Sentiment Signal: Buy
Current Market Cap: A$412.9M
For detailed information about IGL stock, go to TipRanks’ Stock Analysis page.