tiprankstipranks
Company Announcements

King River Resources Updates on Market Buy-Back Program

Story Highlights
King River Resources Updates on Market Buy-Back Program

King River Resources Limited ( (AU:KRR) ) just unveiled an update.

King River Resources Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 27,052,368 ordinary fully paid securities, including 1,748,172 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about King River Resources Limited

King River Resources Limited operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is involved in the extraction of valuable minerals, contributing to the supply chain of raw materials essential for various industrial applications.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €7.54M

For an in-depth examination of KRR stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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