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OFX Group Ltd. ( (AU:OFX) ) has provided an announcement.
OFX Group Ltd. has announced an update regarding its ongoing share buy-back program, with a total of 196,061 ordinary fully paid securities bought back on the previous day. This move is part of a broader strategy to manage capital and enhance shareholder value, potentially impacting the company’s market positioning by reducing the number of shares outstanding and increasing earnings per share.
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, focusing on providing international money transfer and foreign exchange services. The company is known for its digital platform that facilitates currency exchange and international payments for individuals and businesses.
Average Trading Volume: 833,159
Technical Sentiment Signal: Sell
Current Market Cap: A$189.5M
Learn more about OFX stock on TipRanks’ Stock Analysis page.