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OFX Group Ltd. Updates on Continued Securities Buy-Back Program

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OFX Group Ltd. Updates on Continued Securities Buy-Back Program

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

OFX Group Ltd. has announced an update on its ongoing on-market buy-back program, revealing that a total of 16,134,075 securities have been bought back before the previous day, with an additional 92,711 securities acquired on the last trading day. This move is part of OFX’s strategy to manage its capital structure and enhance shareholder value, reflecting its commitment to maintaining a strong market position in the financial services sector.

More about OFX Group Ltd.

OFX Group Ltd. operates in the financial services industry, providing international payment and foreign exchange services. The company focuses on offering secure and efficient currency exchange solutions to individuals and businesses globally.

YTD Price Performance: 1.41%

Average Trading Volume: 442,807

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$338.8M

See more data about OFX stock on TipRanks’ Stock Analysis page.

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