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Peoplein Limited Updates on Share Buy-Back Program

Story Highlights
  • Peoplein Limited is conducting a share buy-back of ordinary fully paid securities.
  • The company repurchased 12,794 securities on the previous day as part of its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Peoplein Limited Updates on Share Buy-Back Program

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Peoplein Limited ( (AU:PPE) ) just unveiled an update.

Peoplein Limited has announced an update on its ongoing share buy-back program, which involves the repurchase of ordinary fully paid securities. The company reported that a total of 1,197,543 securities had been bought back before the previous day, with an additional 12,794 securities repurchased on the preceding day. This buy-back initiative is part of Peoplein Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:PPE) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Peoplein Limited stock, see the AU:PPE Stock Forecast page.

More about Peoplein Limited

Average Trading Volume: 158,346

Technical Sentiment Signal: Buy

Current Market Cap: A$97.65M

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

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