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Mitchell Services Limited ( (AU:MSV) ) has issued an announcement.
Mitchell Services Limited announced a daily update on their ongoing on-market buy-back program, revealing that they repurchased 28,000 ordinary fully paid securities the previous day, bringing the total to over 2 million shares. This buy-back initiative aims to optimize the company’s capital structure and potentially enhance shareholder value.
More about Mitchell Services Limited
Mitchell Services Limited operates in the drilling services industry, providing drilling services primarily to the mining sector. The company focuses on offering a range of drilling solutions to support mining operations.
YTD Price Performance: 4.41%
Average Trading Volume: 212,347
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$75.37M
For a thorough assessment of MSV stock, go to TipRanks’ Stock Analysis page.
