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Connexion Mobility Ltd Updates on Daily Buy-Back Activity

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Connexion Mobility Ltd Updates on Daily Buy-Back Activity

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Connexion Telematics Limited ( (AU:CXZ) ) has provided an announcement.

Connexion Mobility Ltd, trading under the ASX code CXZ, announced a daily update on its ongoing on-market buy-back of ordinary fully paid securities. The company reported a total of 40,402,583 securities bought back before the previous day and an additional one security bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Connexion Telematics Limited

Average Trading Volume: 808,600

Technical Sentiment Signal: Sell

Current Market Cap: A$20.28M

See more data about CXZ stock on TipRanks’ Stock Analysis page.

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