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Mitchell Services Limited Updates on Buy-Back Program

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Mitchell Services Limited Updates on Buy-Back Program

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Mitchell Services Limited ( (AU:MSV) ) has issued an announcement.

Mitchell Services Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 1,955,843 securities already bought back before the previous day and an additional 28,000 securities purchased 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 Mitchell Services Limited

Mitchell Services Limited operates in the mining services industry, focusing on the provision of drilling services. The company primarily engages in offering exploration and production drilling services to the resource sector, catering to a variety of mineral and energy companies.

YTD Price Performance: 1.47%

Average Trading Volume: 211,947

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$73.25M

Learn more about MSV stock on TipRanks’ Stock Analysis page.

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