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OFX Group Ltd. ( (AU:OFX) ) has issued an announcement.
OFX Group Ltd. has announced a daily update on its ongoing share buy-back program, revealing that it has repurchased a total of 78,900 ordinary fully paid securities on the previous day, adding to the cumulative total of 16,055,175 shares bought back since the program’s initiation. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting OFX Group’s confidence in its financial position and future prospects.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, primarily offering foreign exchange and international payment services. The company focuses on providing secure and efficient currency exchange solutions for individuals and businesses globally.
Average Trading Volume: 492,930
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$336.4M
See more insights into OFX stock on TipRanks’ Stock Analysis page.
