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Image Resources NL ( (AU:IMA) ) has issued an update.
Image Resources NL has announced a daily buy-back of its ordinary fully paid securities, with 9,626,865 shares bought back on the previous day. This buy-back initiative is part of an employee share scheme, indicating the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Image Resources NL
Image Resources NL operates in the mining industry, focusing on the extraction and production of mineral sands. The company is primarily involved in the development and operation of mineral sands projects in Australia, with a market focus on supplying these resources to various industries.
Average Trading Volume: 698,743
Technical Sentiment Signal: Sell
Current Market Cap: A$61.38M
Learn more about IMA stock on TipRanks’ Stock Analysis page.