Aussie Broadband Ltd. ( (AU:ABB) ) has issued an update.
Aussie Broadband Ltd. has announced an update on its ongoing share buy-back program, revealing that a total of 7,066,929 securities have been bought back, with an additional 150,000 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage 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. The company focuses on delivering high-speed internet solutions to residential and business customers across Australia.
YTD Price Performance: 9.32%
Average Trading Volume: 719,140
Technical Sentiment Signal: Sell
Current Market Cap: A$1.14B
For detailed information about ABB stock, go to TipRanks’ Stock Analysis page.