Gullewa Limited Launches Share Buy-Back Program

Gullewa Limited (AU:GUL) has released an update.

Gullewa Limited has announced a share buy-back program for shareholders holding ‘unmarketable parcels’ of shares valued at less than $500, offering a buy-back price of $0.065 per share, which will help reduce the company’s administrative costs. This buy-back aims to provide these shareholders with a cost-effective way to sell their shares without incurring brokerage fees. Shareholders not wanting to participate must submit a Share Retention Form by the 25th of October, 2024.

For further insights into AU:GUL stock, check out TipRanks’ Stock Analysis page.