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.
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