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Image Resources NL ( (AU:IMA) ) has issued an update.
Image Resources NL has announced the final notification of its buy-back program, acquiring a total of 9,626,865 ordinary fully paid securities for a consideration of AUD 1,395,895.43. This buy-back is part of an employee share scheme, which may impact the company’s financial structure and shareholder value by reducing the number of outstanding shares, potentially enhancing earnings per share and signaling confidence in the company’s future prospects.
More about Image Resources NL
Image Resources NL operates in the mining industry, focusing on the exploration and production of mineral sands. The company is primarily engaged in the extraction and processing of heavy mineral sands, which are used in various industrial applications.
Average Trading Volume: 698,743
Technical Sentiment Signal: Sell
Current Market Cap: A$61.38M
Find detailed analytics on IMA stock on TipRanks’ Stock Analysis page.