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South32 Announces Cessation of Securities via Buy-Back

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South32 Announces Cessation of Securities via Buy-Back

Meet Your ETF AI Analyst

South32 ( (AU:S32) ) just unveiled an announcement.

South32 Limited announced the cessation of 5,170,869 ordinary fully paid securities due to an on-market buy-back, effective October 31, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market positioning by reducing the number of shares in circulation, which may benefit existing shareholders.

The most recent analyst rating on (AU:S32) stock is a Buy with a A$3.45 price target. To see the full list of analyst forecasts on South32 stock, see the AU:S32 Stock Forecast page.

More about South32

South32 Limited is a diversified mining and metals company involved in the extraction and processing of minerals and metals. The company focuses on producing commodities such as aluminum, coal, manganese, nickel, silver, lead, and zinc, serving various global markets.

YTD Price Performance: -3.85%

Average Trading Volume: 21,295,023

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$14.23B

See more data about S32 stock on TipRanks’ Stock Analysis page.

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