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OFX Group Ltd. ( (AU:OFX) ) has shared an update.
OFX Group Ltd. announced an update on its ongoing on-market buy-back program, confirming the repurchase of 113,213 ordinary fully paid securities on the previous day, adding to a total of 16,376,919 securities bought back so far. This buy-back is a strategic move to enhance shareholder value and signifies the company’s confidence in its financial health and future growth prospects.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, specializing in international money transfers and foreign exchange services. The company focuses on providing efficient, secure, and cost-effective currency exchange services for individuals and businesses globally.
YTD Price Performance: -5.99%
Average Trading Volume: 441,066
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$319.9M
For a thorough assessment of OFX stock, go to TipRanks’ Stock Analysis page.