An announcement from OFX Group Ltd. ( (AU:OFX) ) is now available.
OFX Group Ltd. has announced an update on its ongoing on-market buy-back program, detailing that a total of 15,693,909 securities were bought back before the previous day, with an additional 85,042 securities repurchased on the prior trading day. This move is part of the company’s strategic financial management to potentially enhance shareholder value by reducing the number of outstanding shares, which may positively impact the company’s earnings per share and market perception.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, primarily providing international money transfer services to individuals and businesses. The company focuses on offering competitive exchange rates and a user-friendly platform for global currency transactions.
YTD Price Performance: -3.87%
Average Trading Volume: 527,714
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$322.9M
For detailed information about OFX stock, go to TipRanks’ Stock Analysis page.