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Cochlear Limited ( (AU:COH) ) has provided an update.
Cochlear Limited has announced an update regarding its ongoing buy-back program, disclosing that a total of 75,300 securities have been bought back before the previous day, with an additional 5,500 securities purchased on the previous day. This buy-back initiative suggests the company’s commitment to enhancing shareholder value and indicates a strategic move to manage its capital structure effectively.
More about Cochlear Limited
Cochlear Limited is a leading company in the medical device industry, specializing in implantable hearing solutions. The company focuses on providing innovative products to improve hearing for individuals with moderate to profound hearing loss.
YTD Price Performance: -3.05%
Average Trading Volume: 81
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.35B
See more insights into COH stock on TipRanks’ Stock Analysis page.