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Resimac Group Limited ( (AU:RMC) ) has issued an announcement.
Resimac Group Limited has announced an update on its ongoing on-market buy-back program, with a total of 2,001,686 securities bought back before the previous day and an additional 500,000 securities acquired on the previous day. This buy-back initiative is part of Resimac’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and demonstrating confidence in the company’s financial health.
More about Resimac Group Limited
Resimac Group Limited operates in the financial services industry, focusing on providing residential mortgage solutions. The company is known for its competitive home loan products and services, catering to a diverse market of borrowers.
Technical Sentiment Signal: Strong Buy
Current Market Cap: €190.7M
For detailed information about RMC stock, go to TipRanks’ Stock Analysis page.