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OFX Group Ltd. ( (AU:OFX) ) has issued an announcement.
OFX Group Ltd. announced the cessation of 1,330,643 ordinary fully paid securities due to an on-market buy-back, effective February 10, 2025. This move is part of the company’s capital management strategy and may impact its market positioning by potentially increasing shareholder value through a reduced share base.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, providing international money transfer and foreign exchange services. The company focuses on offering efficient and competitive currency exchange solutions to individuals and businesses worldwide.
YTD Price Performance: -1.41%
Average Trading Volume: 523,020
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$330M
For a thorough assessment of OFX stock, go to TipRanks’ Stock Analysis page.
