tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

5G Networks Limited Updates on Buy-Back Program

Story Highlights
5G Networks Limited Updates on Buy-Back Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Webcentral Ltd ( (AU:5GN) ) has issued an update.

5G Networks Limited has announced an update regarding its ongoing on-market buy-back program. The company reported the buy-back of 9,652 ordinary fully paid securities on the previous day, adding to a total of 8,952,516 securities bought back before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Webcentral Ltd

YTD Price Performance: -20.59%

Average Trading Volume: 179,336

Technical Sentiment Signal: Sell

Current Market Cap: A$40.21M

For an in-depth examination of 5GN stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1