The latest announcement is out from South32 Ltd. ( (AU:S32) ).
South32 Ltd. has announced the cessation of 735,508 ordinary fully paid securities due to an on-market buy-back, effective February 28, 2025. This move is part of the company’s capital management strategy, potentially impacting its financial structure and shareholder value by reducing the number of shares outstanding.
More about South32 Ltd.
South32 Ltd. operates in the mining and metals industry, focusing on the extraction and production of commodities such as aluminum, coal, manganese, nickel, silver, lead, and zinc. The company is engaged in mining operations across several continents, aiming to supply essential resources to global markets.
YTD Price Performance: 3.80%
Average Trading Volume: 518,887
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.83B
See more data about S32 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com