tiprankstipranks
Trending News
More News >

RPMGlobal Holdings Ltd Initiates Strategic On-Market Buy-Back

Story Highlights

Protect Your Portfolio Against Market Uncertainty

An announcement from RPMGlobal Holdings Ltd ( (AU:RUL) ) is now available.

RPMGlobal Holdings Ltd has announced a daily on-market buy-back of its ordinary fully paid securities, with a maximum of 34,050,000 shares to be repurchased. This strategic move, facilitated by Veritas Securities Ltd, aims to optimize the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:RUL) stock is a Buy with a A$2.90 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.

More about RPMGlobal Holdings Ltd

RPMGlobal Holdings Ltd operates in the software and consulting industry, providing enterprise solutions for the mining sector. The company focuses on delivering innovative software products and advisory services to enhance operational efficiency and decision-making in the mining industry.

Average Trading Volume: 415,726

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$641.4M

For detailed information about RUL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App