Ryder Capital Launches Share Buy-Back Initiative
Company Announcements

Ryder Capital Launches Share Buy-Back Initiative

Ryder Capital Ltd. (AU:RYD) has released an update.

Ryder Capital Limited has announced a new on-market buy-back of its ordinary fully paid shares, as per the recent notification to the ASX on June 20, 2024. The move by the company, which is listed under the ASX issuer code RYD, signals a strategic decision to repurchase its own shares from the open market. This action is often indicative of the company’s confidence in its own financial health and future prospects.

For further insights into AU:RYD stock, check out TipRanks’ Stock Analysis page.

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