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Resimac Group Limited ( (AU:RMC) ) has shared an announcement.
Resimac Group Limited has announced an update regarding its ongoing share buy-back program. As of May 7, 2025, the company has repurchased a total of 4,745,988 ordinary fully paid securities, including 325,000 securities bought back on the previous day. This buy-back initiative is part of Resimac’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its equity and market positioning.
More about Resimac Group Limited
Resimac Group Limited operates in the financial services industry, focusing on providing home loans and other financial products. The company is known for its competitive mortgage offerings and serves a diverse market, catering to both individual and institutional clients.
YTD Price Performance: -9.48%
Average Trading Volume: 219,525
Technical Sentiment Signal: Sell
Current Market Cap: A$334.6M
See more data about RMC stock on TipRanks’ Stock Analysis page.