tiprankstipranks
Company Announcements

Cochlear Limited Updates on Securities Buy-Back Program

Story Highlights
Cochlear Limited Updates on Securities Buy-Back Program

Discover the Best Stocks and Maximize Your Portfolio:

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.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1