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Money3 Corporation Limited ( (AU:SVR) ) has shared an update.
Solvar Limited has announced an update regarding its ongoing on-market buy-back of its ordinary fully paid securities, with the ASX security code SVR. The company, which is actively engaged in the buy-back process, reported that a total of 112,131 securities were bought back on the previous day, adding to the cumulative total of 19,569,371 securities acquired before that day. This buy-back strategy is part of Solvar Limited’s efforts 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: 207,326
Technical Sentiment Signal: Buy
Current Market Cap: A$310.6M
For a thorough assessment of SVR stock, go to TipRanks’ Stock Analysis page.