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An announcement from Solution Dynamics Limited ( (NZ:SDL) ) is now available.
Solution Dynamics Limited has continued its on-market share buyback programme, acquiring 7,458 ordinary shares at $0.57 per share on 31 March 2026. The purchase, authorised by a board resolution dated 24 March 2026 under NZX Listing Rule 4.14.1(a), represents approximately 0.0515% of the company’s outstanding ordinary shares.
Following the transaction, Solution Dynamics has 14,475,484 ordinary shares on issue, with none held as treasury stock. The acquired shares will be cancelled, slightly reducing the company’s share count and marginally increasing existing shareholders’ proportional ownership, signalling ongoing active capital management by the board.
More about Solution Dynamics Limited
Solution Dynamics Limited, listed on the NZX under ticker SDL, has ordinary shares denominated in New Zealand dollars. The company operates within the broader capital markets ecosystem, actively managing its share base through an approved on-market buyback programme to adjust its capital structure.
Average Trading Volume: 9,962
Technical Sentiment Signal: Strong Sell
Current Market Cap: N$8.26M
See more insights into SDL stock on TipRanks’ Stock Analysis page.