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Connexion Mobility Ltd Updates on Daily Buy-Back Program

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Connexion Mobility Ltd Updates on Daily Buy-Back Program

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Connexion Telematics Limited ( (AU:CXZ) ) just unveiled an announcement.

Connexion Mobility Ltd, under the ASX code CXZ, has announced a daily update on its ongoing on-market buy-back program. The company has repurchased a total of 49,598,447 securities, with an additional 787,301 securities bought back on the previous day. This buy-back initiative is part of Connexion Mobility’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Connexion Telematics Limited

Average Trading Volume: 671,488

Technical Sentiment Signal: Sell

Current Market Cap: A$20.83M

Learn more about CXZ stock on TipRanks’ Stock Analysis page.

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