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Eclipx Group Ltd. ( (AU:FPR) ) has shared an update.
FleetPartners Group Limited, under the ASX code FPR, is engaged in executing an ongoing on-market buy-back of its ordinary fully paid securities. The company has been actively buying back shares since May 2022, with a recent total of 161,077 securities purchased on the previous day, contributing to a cumulative total of 68,551,774 shares bought back. This buy-back program is part of FleetPartners’ strategic decision to potentially enhance shareholder value and optimize its capital structure.
More about Eclipx Group Ltd.
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $372.8M
For a thorough assessment of FPR stock, go to TipRanks’ Stock Analysis page.