Calian Group Initiates Share Buyback to Enhance Value

Calian Group Ltd. (TSE:CGY) has released an update.

Calian Group Ltd. has announced its plan to buy back shares in a bid to correct what it sees as an undervaluation of its stock price, confident in the company’s long-term growth and financial health. The company will repurchase up to 995,904 of its shares over the next year, which will then be cancelled, potentially increasing the equity interest for remaining shareholders.

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