tiprankstipranks

Katana Capital Continues Share Buy-Back Program

Story Highlights
  • Katana Capital is conducting an on-market buy-back of its ordinary shares.
  • The company bought back 413,908 shares before the previous day and 31 shares on the previous day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Katana Capital Continues Share Buy-Back Program

Katana Capital Ltd. ( (AU:KAT) ) has issued an update.

Katana Capital Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, identified by the ASX code KAT. The company has been actively buying back its shares, with a total of 413,908 securities bought back before the previous day and an additional 31 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to potentially enhance shareholder value and optimize its capital structure.

More about Katana Capital Ltd.

YTD Price Performance: -3.25%

Average Trading Volume: 28,454

Technical Sentiment Signal: Sell

For a thorough assessment of KAT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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