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The latest update is out from EVZ Limited ( (AU:EVZ) ).
EVZ Limited has announced a minimum holding share buy-back for shareholders possessing less than a marketable parcel of shares, defined as holdings valued under $500. This initiative aims to reduce administrative costs associated with maintaining small shareholder accounts and allows eligible shareholders to sell their shares without incurring brokerage fees, with EVZ covering all related costs except tax liabilities. The buy-back will affect approximately 0.48% of EVZ’s shares, held by 1,238 shareholders, and is not considered material to the company’s overall share capital.
More about EVZ Limited
EVZ Limited operates in the industrial sector, focusing on engineering services and solutions. The company is known for its expertise in providing innovative engineering solutions and services, catering primarily to the infrastructure and energy markets.
Average Trading Volume: 68,687
Technical Sentiment Signal: Buy
Current Market Cap: A$23.79M
See more data about EVZ stock on TipRanks’ Stock Analysis page.