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Connexion Telematics Limited ( (AU:CXZ) ) has issued an announcement.
Connexion Mobility Ltd announced the cessation of 6,948,108 ordinary fully paid securities due to an on-market buy-back, effective June 30, 2025. This move is likely to impact the company’s capital structure and could have implications for its market positioning, potentially affecting shareholder value and market perception.
More about Connexion Telematics Limited
Connexion Mobility Ltd operates in the telematics industry, focusing on providing mobility solutions. The company is known for its services related to vehicle connectivity and telematics systems, catering primarily to the automotive sector.
Average Trading Volume: 818,476
Technical Sentiment Signal: Sell
Current Market Cap: A$21.09M
Learn more about CXZ stock on TipRanks’ Stock Analysis page.