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An update from Cochlear Limited ( (AU:COH) ) is now available.
Cochlear Limited has announced an update regarding its ongoing share buy-back program, reporting the buy-back of 3,500 ordinary fully paid shares on the previous day, bringing the total number to 65,800. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in its long-term growth prospects.
More about Cochlear Limited
Cochlear Limited is a company operating in the medical device industry, primarily focusing on the development and distribution of implantable hearing solutions. It specializes in products that help people with severe to profound hearing loss to hear and communicate more effectively.
YTD Price Performance: -8.54%
Average Trading Volume: 88
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.92B
Find detailed analytics on COH stock on TipRanks’ Stock Analysis page.
