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Regal Asian Investments Updates Market on Ongoing Share Buy-Back Activity

Story Highlights
  • Regal Asian Investments continues an on-market buy-back of its ordinary shares.
  • The company has repurchased over 1.24 million shares to date, refining its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Regal Asian Investments Updates Market on Ongoing Share Buy-Back Activity

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VGI Partners Asian Investments Ltd ( (AU:RG8) ) just unveiled an announcement.

Regal Asian Investments Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares (RG8). As part of its daily buy-back disclosure, the company reported that it has repurchased a total of 1,243,700 shares prior to the previous trading day and a further 23,414 shares on the previous day, signalling continued capital management activity that may support the company’s share price and adjust its capital structure in favour of remaining shareholders.

More about VGI Partners Asian Investments Ltd

Regal Asian Investments Limited is an ASX-listed investment company (code RG8) providing investors with exposure to a portfolio of Asian-focused assets through its ordinary fully paid shares.

Average Trading Volume: 207,638

Technical Sentiment Signal: Buy

For detailed information about RG8 stock, go to TipRanks’ Stock Analysis page.

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