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Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) has shared an announcement.
Fat Prophets Global Contrarian Fund Ltd has announced an update regarding its ongoing share buy-back program, which involves the repurchase of ordinary fully paid securities. The latest update reveals that 2,035 securities were bought back on the previous day, adding to a cumulative total of 1,178,697 securities repurchased since the program’s inception. This strategic move is indicative of the company’s efforts to manage capital efficiently and potentially enhance shareholder value. Continued buy-back activity may also suggest confidence in the company’s financial health and future prospects.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Ltd operates in the financial industry, focusing on investment management and offering an array of funds geared towards contrarian investing strategies. The company is primarily involved in managing portfolios with a focus on global securities and seeks to capitalize on market inefficiencies.
YTD Price Performance: 6.25%
Average Trading Volume: 22,372
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on FPC stock on TipRanks’ Stock Analysis page.
