Bluescope Steel Cancels Over 1.4 Million Shares

Bluescope Steel Limited (AU:BSL) has released an update.

Bluescope Steel Limited has announced the cancellation of 1,405,000 of its ordinary fully paid securities following an on-market buy-back that concluded on June 12, 2024. The company made this new announcement on June 24, 2024, as part of its ongoing capital management strategy. This could potentially indicate a move to enhance shareholder value and may influence the company’s stock performance.

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