Aussie Broadband Ltd. ( (AU:ABB) ) has issued an announcement.
Aussie Broadband Ltd. has announced an update regarding its ongoing on-market buy-back program, revealing that a total of 7,860,191 ordinary fully paid securities have been repurchased, including 150,000 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 services primarily through broadband connections. The company is focused on delivering high-speed internet solutions to consumers and businesses across Australia.
YTD Price Performance: 15.82%
Average Trading Volume: 785,459
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.21B
For a thorough assessment of ABB stock, go to TipRanks’ Stock Analysis page.