Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Treasury Wine Estates Limited ( (AU:TWE) ) has issued an announcement.
Treasury Wine Estates Limited has announced an update regarding its ongoing share buy-back program. As of the latest announcement, the company has repurchased a total of 3,679,185 shares, with an additional 135,000 shares bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
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 is a prominent company in the wine industry, specializing in the production and distribution of a wide range of wines. The company focuses on delivering premium wine experiences and is a significant player in the global wine market.
Average Trading Volume: 4,473,330
Technical Sentiment Signal: Sell
Current Market Cap: A$5.76B
For a thorough assessment of TWE stock, go to TipRanks’ Stock Analysis page.