Cogstate Ltd (AU:CGS) has released an update.
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Cogstate Ltd has announced a daily update on its ongoing share buy-back program, revealing that it repurchased a total of 18,739 ordinary fully paid shares on the previous day. This move, part of a strategic buy-back initiative, underscores the company’s efforts to enhance shareholder value by reducing the number of shares in circulation. Investors in the stock market may find this buy-back activity as a signal of Cogstate’s confidence in its financial health.
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