Genworth Mortgage Insurance Australia Ltd ( (AU:HLI) ) has shared an update.
Helia Group Limited, operating under the ASX code HLI, has announced an increase in its share buy-back program from AUD100 million to AUD200 million. As of the latest update, the company has repurchased 19,245,871 ordinary shares, amounting to AUD79,164,277.92. This strategic move reflects Helia’s commitment to enhancing shareholder value and optimizing its capital structure, potentially strengthening its market position and signaling confidence in its financial health.
More about Genworth Mortgage Insurance Australia Ltd
YTD Price Performance: 1.43%
Average Trading Volume: 1,569
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €793.7M
Learn more about HLI stock on TipRanks’ Stock Analysis page.