Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Ventia Services Group Limited ( (AU:VNT) ) has provided an announcement.
Ventia Services Group Limited announced the cessation of 4,787,164 ordinary fully paid securities due to an on-market buy-back. This move is part of the company’s capital management strategy, potentially enhancing shareholder value by reducing the number of shares outstanding, which could positively impact earnings per share and market perception.
The most recent analyst rating on (AU:VNT) stock is a Buy with a A$4.66 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.
More about Ventia Services Group Limited
Ventia Services Group Limited operates in the infrastructure services industry, providing essential services such as maintenance, operations, and management across various sectors. The company focuses on delivering integrated solutions to enhance the performance and sustainability of infrastructure assets.
Average Trading Volume: 2,637,778
Technical Sentiment Signal: Buy
Current Market Cap: A$3.92B
For an in-depth examination of VNT stock, go to TipRanks’ Stock Analysis page.