tiprankstipranks
Trending News
More News >

OFX Group Ltd. Updates on Buy-Back Program

Story Highlights

OFX Group Ltd. ( (AU:OFX) ) has provided an announcement.

OFX Group Ltd. has announced an update regarding its ongoing on-market buy-back program, with a total of 17,578,515 securities bought back before the previous day and an additional 208,915 securities acquired on the previous day. This buy-back initiative reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach to optimizing financial performance.

More about OFX Group Ltd.

OFX Group Ltd. operates in the financial services industry, primarily offering international money transfer and foreign exchange services. The company focuses on providing secure and efficient currency exchange solutions for individuals and businesses, positioning itself as a reliable player in the global financial market.

YTD Price Performance: -13.73%

Average Trading Volume: 402,527

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$293.3M

Find detailed analytics on OFX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App