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OFX Group Ltd. Updates on Share Buy-Back Progress

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OFX Group Ltd. Updates on Share Buy-Back Progress

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

OFX Group Ltd. has announced an update on its ongoing on-market share buy-back program, where they repurchased 150,133 ordinary fully paid securities on the previous day. This buy-back initiative, which began on May 23, 2023, reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value.

More about OFX Group Ltd.

OFX Group Ltd. operates in the financial services industry, specializing in international money transfers and foreign exchange solutions. The company focuses on providing secure, competitive currency exchange services to individuals and businesses, aiming to simplify global money transfers.

YTD Price Performance: 1.77%

Average Trading Volume: 442,807

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$338.8M

Learn more about OFX stock on TipRanks’ Stock Analysis page.

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