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OFX Group Ltd. Updates on Share Buy-Back Program

Story Highlights
  • OFX Group Ltd. specializes in international payment solutions and foreign exchange services.
  • The company announced buying back 240,388 securities as part of its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OFX Group Ltd. Updates on Share Buy-Back Program

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OFX Group Ltd. ( (AU:OFX) ) has issued an announcement.

OFX Group Ltd. has announced an update regarding its ongoing on-market buy-back program, with a total of 240,388 ordinary fully paid securities bought back on the previous day. This buy-back initiative reflects the company’s strategic move to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.

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, specializing in providing international payment solutions and foreign exchange services. The company focuses on offering secure and efficient money transfer services to individuals and businesses globally.

Average Trading Volume: 1,049,985

Technical Sentiment Signal: Sell

Current Market Cap: A$188.4M

See more data about OFX stock on TipRanks’ Stock Analysis page.

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