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Connexion Telematics Limited ( (AU:CXZ) ) has provided an announcement.
Connexion Mobility Ltd has announced an update regarding its ongoing on-market buy-back of its ordinary fully paid securities, identified by the ASX code CXZ. As of the latest announcement on July 2, 2025, the company has bought back a total of 47,188,847 securities, with 150,000 securities repurchased 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
Connexion Mobility Ltd operates in the telematics industry, focusing on providing advanced mobility solutions. The company specializes in offering telematics services that enhance vehicle connectivity and data management, targeting automotive and fleet management sectors.
Average Trading Volume: 842,404
Technical Sentiment Signal: Sell
Current Market Cap: A$21.09M
For a thorough assessment of CXZ stock, go to TipRanks’ Stock Analysis page.