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360 Capital Group Limited ( (AU:TGP) ) has provided an update.
360 Capital Group has announced an update regarding its ongoing on-market buy-back program for its fully paid ordinary units stapled securities, with a total of 472 securities bought back on the previous day, adding to the 111,812 securities already repurchased. This buy-back initiative reflects the company’s strategic approach to managing its capital structure and could potentially enhance shareholder value by reducing the number of outstanding shares.
More about 360 Capital Group Limited
360 Capital Group is a company involved in investment management, focusing on real estate and other financial assets. It operates primarily in the Australian market, offering a range of investment products and services.
Average Trading Volume: 60,854
Technical Sentiment Signal: Buy
Current Market Cap: A$121.2M
For a thorough assessment of TGP stock, go to TipRanks’ Stock Analysis page.