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Resimac Group Limited Updates on Ongoing Share Buy-Back Program

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Resimac Group Limited ( (AU:RMC) ) just unveiled an update.

Resimac Group Limited has announced a daily update on its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 4,265,964 securities, with an additional 123,185 securities repurchased on the previous day. This buy-back initiative is part of Resimac’s strategy to optimize its capital structure and potentially enhance shareholder value.

More about Resimac Group Limited

Resimac Group Limited operates in the financial services industry, primarily focusing on providing home loan products and services. The company is known for its competitive mortgage offerings and has a significant presence in the Australian market.

Technical Sentiment Signal: Buy

Current Market Cap: €191.2M

See more data about RMC stock on TipRanks’ Stock Analysis page.

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