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Aussie Broadband Ltd. ( (AU:ABB) ) has provided an announcement.
Aussie Broadband Ltd. has announced an update regarding its ongoing share buy-back program, reporting the acquisition of 33,262 ordinary fully paid securities on the previous day, bringing the total number of shares bought back to 7,526,929. 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 services and related products primarily focused on the Australian market.
YTD Price Performance: 12.99%
Average Trading Volume: 753,368
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.18B
Learn more about ABB stock on TipRanks’ Stock Analysis page.