Resimac Group Limited ( (AU:RMC) ) has shared an announcement.
Resimac Group Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 500,000 ordinary fully paid securities were bought back on the previous day, adding to the 1,501,686 securities already repurchased. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Resimac Group Limited
Resimac Group Limited operates in the financial services industry, primarily focusing on providing home loans and other financial products. The company is listed on the Australian Securities Exchange (ASX) under the code RMC.
Technical Sentiment Signal: Buy
Current Market Cap: €190.5M
See more data about RMC stock on TipRanks’ Stock Analysis page.