Cochlear Limited (AU:COH) has released an update.
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Cochlear Limited has actively pursued its share buy-back program, acquiring an additional 4,600 shares on the previous day, adding to the 22,800 shares previously bought back. The company announced this update as part of its ongoing effort to reduce the number of shares on the market, with the latest notification dated April 10, 2024. This move is part of Cochlear’s strategy to manage its capital and could potentially signal confidence in the company’s future to investors.
For further insights into AU:COH stock, check out TipRanks’ Stock Analysis page.
