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Solvar Limited Updates on Ongoing Buy-Back Program

Story Highlights
  • Solvar Limited is conducting an on-market buy-back of its ordinary fully paid securities.
  • The company repurchased 18,876,748 securities in total, with 49,041 bought back recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Solvar Limited Updates on Ongoing Buy-Back Program

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Money3 Corporation Limited ( (AU:SVR) ) has provided an update.

Solvar Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 18,876,748 securities, with an additional 49,041 securities repurchased on the previous day. This buy-back program reflects Solvar Limited’s strategic decision to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:SVR) stock is a Hold with a A$1.70 price target. To see the full list of analyst forecasts on Money3 Corporation Limited stock, see the AU:SVR Stock Forecast page.

More about Money3 Corporation Limited

Average Trading Volume: 216,840

Technical Sentiment Signal: Buy

Current Market Cap: A$307.7M

See more data about SVR stock on TipRanks’ Stock Analysis page.

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