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The latest announcement is out from Money3 Corporation Limited ( (AU:SVR) ).
Solvar Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified by the ASX security code SVR. The company reported that a total of 19,197,522 securities had been bought back before the previous day, with an additional 184,792 securities bought back on the previous day. This buy-back initiative is part of Solvar Limited’s strategy 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: 208,439
Technical Sentiment Signal: Buy
Current Market Cap: A$315.4M
See more insights into SVR stock on TipRanks’ Stock Analysis page.