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Connexion Telematics Limited ( (AU:CXZ) ) just unveiled an announcement.
Connexion Mobility Ltd, trading under the ASX code CXZ, has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. The company reported a total of 3,847,716 securities bought back on the previous day, adding to the total of 34,893,634 securities acquired before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Connexion Telematics Limited
Average Trading Volume: 836,588
Technical Sentiment Signal: Sell
Current Market Cap: A$22.03M
See more insights into CXZ stock on TipRanks’ Stock Analysis page.