tiprankstipranks
Trending News
More News >

Connexion Mobility Ltd Updates on Market Buy-Back Progress

Story Highlights
  • Connexion Mobility Ltd updates on its ongoing buy-back of ordinary securities.
  • The company bought back 3,847,716 securities, adding to a total of 34,893,634 previously acquired.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Connexion Mobility Ltd Updates on Market Buy-Back Progress

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1