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Hygrovest Limited ( (AU:UWC) ) has issued an announcement.
Underwood Capital Limited has announced a daily buy-back notification for its ordinary fully paid securities, denoted by the ASX code UWC. This update reveals the company’s ongoing commitment to buying back shares, with 10,000 securities bought back on the previous day, contributing to a total of 983,395 securities repurchased before the previous day. This buy-back initiative reflects Underwood Capital’s strategic approach to managing its capital structure, potentially enhancing shareholder value by reducing the number of outstanding shares.
More about Hygrovest Limited
YTD Price Performance: 3.33%
Average Trading Volume: 3,953
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.6M
For a thorough assessment of UWC stock, go to TipRanks’ Stock Analysis page.
