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Connexion Telematics Limited ( (AU:CXZ) ) has issued an announcement.
Connexion Mobility Ltd, operating under the ASX code CXZ, is engaged in a buy-back program of its ordinary fully paid securities. The company announced a daily buy-back update, revealing that it repurchased 2,662,783 securities on the previous day, adding to a total of 53,462,064 securities bought back since the program’s inception. This buy-back initiative may impact the company’s market positioning and shareholder value.
More about Connexion Telematics Limited
Average Trading Volume: 586,121
Technical Sentiment Signal: Hold
Current Market Cap: A$21.83M
Learn more about CXZ stock on TipRanks’ Stock Analysis page.