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Magontec Limited ( (AU:MGL) ) has provided an update.
Magontec Limited announced a final buy-back notification for its ordinary fully paid securities, indicating the completion of a selective buy-back process. This corporate action, involving the repurchase of 22,681,940 shares, reflects the company’s strategic decision to manage its capital structure and potentially enhance shareholder value.
More about Magontec Limited
YTD Price Performance: 11.11%
Average Trading Volume: 10,063
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.93M
For an in-depth examination of MGL stock, go to TipRanks’ Stock Analysis page.