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An announcement from King River Resources Limited ( (AU:KRR) ) is now available.
King River Resources Limited has announced a daily update on its ongoing on-market buy-back program. As of the latest update, the company has repurchased a total of 66,885,885 ordinary fully paid securities, with an additional 706,964 securities bought back on the previous day. This buy-back initiative reflects the company’s strategic move to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.
More about King River Resources Limited
King River Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and processing of minerals, positioning itself within the market as a resource development entity.
YTD Price Performance: -15.38%
Technical Sentiment Signal: Sell
Current Market Cap: A$12.23M
Learn more about KRR stock on TipRanks’ Stock Analysis page.