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Teaminvest Private Group Ltd ( (AU:TIP) ) has issued an announcement.
Teaminvest Private Group Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified by the ASX code TIP. The company reported that a total of 5,405 securities were bought back on the previous day, adding to the cumulative total of 112,068 securities purchased before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:TIP) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Teaminvest Private Group Ltd stock, see the AU:TIP Stock Forecast page.
More about Teaminvest Private Group Ltd
Average Trading Volume: 22,026
Technical Sentiment Signal: Buy
Current Market Cap: A$48.81M
For an in-depth examination of TIP stock, go to TipRanks’ Overview page.