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Connexion Telematics Limited ( (AU:CXZ) ) has provided an announcement.
Connexion Mobility Ltd, operating under the ASX code CXZ, announced an update regarding their ongoing on-market buy-back of ordinary fully paid securities. The company has been actively buying back its shares, with a total of 40,632,583 securities bought back before the previous day and an additional 4,291,696 securities acquired on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Connexion Telematics Limited
YTD Price Performance: -3.85%
Average Trading Volume: 810,115
Technical Sentiment Signal: Sell
Current Market Cap: A$20.28M
See more insights into CXZ stock on TipRanks’ Stock Analysis page.