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The latest announcement is out from OFX Group Ltd. ( (AU:OFX) ).
OFX Group Ltd. has announced an update on its ongoing share buy-back program, with a total of 2,113,611 securities bought back before the previous day and an additional 41,912 securities purchased on the previous day. This buy-back initiative reflects OFX’s strategic efforts to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach in optimizing its financial operations.
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, providing international money transfer services. The company focuses on offering secure and efficient currency exchange solutions for individuals and businesses, positioning itself as a significant player in the global financial transactions market.
Average Trading Volume: 767,900
Technical Sentiment Signal: Sell
Current Market Cap: A$207.1M
See more data about OFX stock on TipRanks’ Stock Analysis page.