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Treasury Wine Estates Limited ( (AU:TWE) ) just unveiled an announcement.
Treasury Wine Estates Limited announced an update on its ongoing share buy-back program, with a total of 280,000 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 2,959,185 securities. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:TWE) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Treasury Wine Estates Limited stock, see the AU:TWE Stock Forecast page.
More about Treasury Wine Estates Limited
Treasury Wine Estates Limited operates in the wine industry, focusing on the production and distribution of wine. The company is known for its premium wine brands and has a significant presence in the global wine market.
YTD Price Performance: -31.87%
Average Trading Volume: 4,877,193
Technical Sentiment Signal: Sell
Current Market Cap: A$5.99B
Find detailed analytics on TWE stock on TipRanks’ Stock Analysis page.