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Clime Capital Limited ( (AU:CAM) ) has issued an update.
Clime Capital Limited has announced the cessation of 75,000 convertible bonds with a 5.25% coupon rate, which were canceled as part of an on-market buy-back program. This strategic move may enhance the company’s capital structure and potentially increase shareholder value by reducing debt obligations.
More about Clime Capital Limited
Clime Capital Limited operates in the financial services industry, focusing on investment management. The company offers a range of investment products and services, catering to individual and institutional investors seeking to optimize their asset portfolios.
YTD Price Performance: -1.90%
Average Trading Volume: 74,614
Technical Sentiment Consensus Rating: Strong Sell
For an in-depth examination of CAM stock, go to TipRanks’ Stock Analysis page.
