Cadence Fund Reports Progress in Share Buy-Back

Cadence Opportunities Fund Ltd. (AU:CDO) has released an update.

Cadence Opportunities Fund Limited has issued an update on their ongoing stock buy-back program, reporting the purchase of 9,020 fully paid ordinary shares on the previous day. This brings the total number of shares bought back to 265,016. The purpose of the buy-back, which is conducted on-market, is to reduce the company’s share count and potentially increase shareholder value.

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