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Connexion Mobility Ltd Updates on Ongoing Securities Buy-Back

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Connexion Mobility Ltd Updates on Ongoing Securities Buy-Back

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

Connexion Mobility Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified by the ASX security code CXZ. The company reported that a total of 2,910,757 securities had been bought back before the previous day, with an additional 13,268 securities purchased on the previous 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: 685,027

Technical Sentiment Signal: Sell

Current Market Cap: A$21.58M

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

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