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OFX Group Ltd. ( (AU:OFX) ) has provided an update.
OFX Group Ltd. announced the cessation of 2,019,444 ordinary fully paid securities due to an on-market buy-back, effective September 11, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning by optimizing the capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (AU:OFX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on OFX Group Ltd. stock, see the AU:OFX Stock Forecast page.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, primarily offering international money transfer services. The company focuses on providing secure and efficient currency exchange solutions for individuals and businesses globally.
Average Trading Volume: 767,900
Technical Sentiment Signal: Sell
Current Market Cap: A$207.1M
Find detailed analytics on OFX stock on TipRanks’ Stock Analysis page.