Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from OFX Group Ltd. ( (AU:OFX) ).
OFX Group Ltd. has announced an update regarding its ongoing on-market buy-back program, reporting a total of 2,019,444 securities bought back before the previous day and an additional 94,167 securities bought back on the previous day. This buy-back initiative is part of OFX’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in the company’s financial health and future prospects.
The most recent analyst rating on (AU:OFX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on OFX Group Ltd. stock, see the AU:OFX Stock Forecast page.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, primarily offering international money transfer services. The company focuses on providing secure and efficient currency exchange solutions for individuals and businesses, positioning itself as a key player in the global remittance market.
Average Trading Volume: 789,103
Technical Sentiment Signal: Sell
Current Market Cap: A$205.9M
For an in-depth examination of OFX stock, go to TipRanks’ Overview page.