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VGI Partners Asian Investments Ltd ( (AU:RG8) ) has issued an announcement.
Regal Asian Investments Limited has provided an update on its ongoing on-market share buy-back program, confirming that a total of 1,004,554 ordinary fully paid shares had been repurchased prior to the most recent trading day, with a further 36,678 shares bought back on the previous day. The daily notification underscores the company’s continued execution of its capital management strategy, which is likely aimed at enhancing shareholder value and may improve earnings per share by reducing the number of shares on issue, signalling confidence in the company’s underlying portfolio and long-term positioning in Asian markets.
More about VGI Partners Asian Investments Ltd
Regal Asian Investments Limited, listed on the ASX under the code RG8, is an investment company providing shareholders with exposure to a portfolio of Asian-focused securities through its fully paid ordinary shares.
Average Trading Volume: 228,236
Technical Sentiment Signal: Buy
For an in-depth examination of RG8 stock, go to TipRanks’ Overview page.