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Pepper Money Ltd Updates on Market Buy-Back Program

Story Highlights
  • Pepper Money Ltd is a financial services company offering loans and asset finance.
  • The company announced an update on its buy-back program, acquiring 16,429 securities recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Pepper Money Ltd ( (AU:PPM) ) has provided an update.

Pepper Money Ltd has announced an update regarding its ongoing on-market buy-back program, with a total of 192,377 securities bought back before the previous day and an additional 16,429 securities acquired on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial position.

The most recent analyst rating on (AU:PPM) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Pepper Money Ltd stock, see the AU:PPM Stock Forecast page.

More about Pepper Money Ltd

Pepper Money Ltd is a financial services company that operates in the lending industry, offering a range of products including home loans, personal loans, and asset finance. The company focuses on providing flexible financial solutions to a diverse customer base.

Average Trading Volume: 498,688

Technical Sentiment Signal: Buy

Current Market Cap: A$730.4M

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

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