Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Money3 Corporation Limited ( (AU:SVR) ) has provided an update.
Solvar Limited has announced an update regarding its ongoing on-market buy-back of its ordinary fully paid securities, identified by the ASX code SVR. The company reported the purchase of 31,799 securities on the previous day, adding to a total of 9,594,523 securities bought back to date. This buy-back initiative is part of Solvar Limited’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares outstanding.
More about Money3 Corporation Limited
YTD Price Performance: -2.10%
Average Trading Volume: 166,532
Technical Sentiment Signal: Buy
Current Market Cap: A$291.7M
See more insights into SVR stock on TipRanks’ Stock Analysis page.