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OFX Group Ltd. ( (AU:OFX) ) has issued an announcement.
OFX Group Ltd. has announced an update on its ongoing share buy-back program, revealing that a total of 1,170,690 ordinary fully paid securities have been repurchased, including 201,372 on the previous day. This buy-back initiative is part of OFX’s strategy to optimize its capital structure and potentially enhance shareholder value.
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, primarily offering international money transfer services. The company focuses on providing secure and efficient currency exchange solutions to individuals and businesses, enhancing their ability to manage cross-border transactions.
Average Trading Volume: 897,974
Technical Sentiment Signal: Sell
Current Market Cap: A$195.4M
For detailed information about OFX stock, go to TipRanks’ Stock Analysis page.