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Aussie Broadband Ltd. ( (AU:ABB) ) has provided an announcement.
Aussie Broadband Ltd. has announced an update regarding its ongoing on-market buy-back program. As of March 31, 2025, the company has repurchased a total of 5,918,929 ordinary fully paid securities, with an additional 250,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Aussie Broadband Ltd.
Aussie Broadband Ltd. operates in the telecommunications industry, providing internet and broadband services primarily in Australia. The company focuses on delivering high-speed internet solutions to residential and business customers, aiming to enhance connectivity and digital experiences.
YTD Price Performance: 15.47%
Average Trading Volume: 585,944
Technical Sentiment Signal: Sell
Current Market Cap: A$1.21B
For a thorough assessment of ABB stock, go to TipRanks’ Stock Analysis page.