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Neuren Pharmaceuticals Updates on Market Buy-Back Progress

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Neuren Pharmaceuticals Updates on Market Buy-Back Progress

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The latest update is out from Neuren Pharmaceuticals Limited ( (AU:NEU) ).

Neuren Pharmaceuticals Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest announcement, the company has bought back a total of 2,933,372 securities, with an additional 1,938 securities purchased on the previous day. This buy-back initiative is part of Neuren’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Neuren Pharmaceuticals Limited

Neuren Pharmaceuticals Limited operates in the pharmaceutical industry, focusing on the development of therapies for neurodevelopmental disorders and other central nervous system conditions. The company is listed on the Australian Securities Exchange under the code NEU.

YTD Price Performance: 3.11%

Average Trading Volume: 1,218

Technical Sentiment Signal: Sell

Current Market Cap: $1.03B

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

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