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VGI Partners Asian Investments Ltd ( (AU:RG8) ) has shared an update.
Regal Asian Investments Limited has provided an update on its on-market share buy-back program for ordinary fully paid shares trading under ASX code RG8, reporting that a total of 2,880,470 securities had been repurchased prior to the previous day and an additional 79,990 shares were bought back on the previous trading day. The ongoing daily buy-back notifications indicate the company is actively reducing its share count, which may support earnings per share and net asset value per share for remaining investors, while signaling management’s confidence in the underlying value of the portfolio.
More about VGI Partners Asian Investments Ltd
Regal Asian Investments Limited is an investment company listed on the ASX under the code RG8, providing investors with exposure to Asian markets through a portfolio of listed securities. The company operates as a listed investment vehicle, offering shareholders access to professionally managed Asian-focused investment strategies.
Average Trading Volume: 163,920
Technical Sentiment Signal: Buy
Learn more about RG8 stock on TipRanks’ Stock Analysis page.