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Connexion Telematics Limited ( (AU:CXZ) ) has shared an announcement.
Connexion Mobility Ltd, operating under the ASX code CXZ, has announced a daily update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest update, the company has repurchased a total of 2,679,141 securities, with an additional 231,616 securities bought back on the previous day. This buy-back initiative reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
More about Connexion Telematics Limited
YTD Price Performance: 3.85%
Average Trading Volume: 683,265
Technical Sentiment Signal: Buy
Current Market Cap: A$21.58M
Learn more about CXZ stock on TipRanks’ Stock Analysis page.