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.