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NGE Capital Ltd ( (AU:NGE) ) has issued an update.
NGE Capital Ltd has announced changes to its on-market buy-back program. The company plans to buy back up to 10% of its issued ordinary shares, adjusting the maximum number of shares from 3,555,322 as of August 2024 to 3,430,322 as of August 2025. This adjustment follows the completion of a 12-month period under the 10/12 rule and marks the commencement of a new 12-month period with an unlimited duration for the buy-back. The company retains the right to suspend or terminate the buy-back at any time.
More about NGE Capital Ltd
YTD Price Performance: 14.02%
Average Trading Volume: 25,589
Technical Sentiment Signal: Buy
For a thorough assessment of NGE stock, go to TipRanks’ Stock Analysis page.