Ryder Capital Ltd. (AU:RYD) has released an update.
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Ryder Capital Limited has announced the completion of an on-market buy-back, resulting in the cancellation of 347,069 of its ordinary fully paid shares. This strategic move, dated May 1, 2024, is part of the company’s efforts to optimize its capital structure. The buy-back is expected to potentially impact the company’s stock performance and shareholder value.
For further insights into AU:RYD stock, check out TipRanks’ Stock Analysis page.