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Connexion Mobility Ltd Updates on Market Buy-Back Program

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Connexion Mobility Ltd Updates on Market Buy-Back Program

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An announcement from Connexion Telematics Limited ( (AU:CXZ) ) is now available.

Connexion Mobility Ltd, under the ASX code CXZ, has announced an update regarding its ongoing on-market buy-back program. The company reported the repurchase of 100,000 ordinary fully paid securities on the previous day, adding to a total of 50,387,991 securities bought back since the initial notification. 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: 647,334

Technical Sentiment Signal: Sell

Current Market Cap: A$20.83M

See more insights into CXZ stock on TipRanks’ Stock Analysis page.

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