Connexion Telematics Limited (AU:CXZ) has released an update.
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Connexion Mobility Ltd has announced an update on their ongoing buy-back program, revealing they repurchased 1,171,776 ordinary fully paid securities on the previous day, adding to a total of 17,500,008 securities bought back so far. This activity indicates the company’s strategy to potentially enhance shareholder value by reducing the number of outstanding shares.
For further insights into AU:CXZ stock, check out TipRanks’ Stock Analysis page.
