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An update from Thorney Opportunities Ltd. ( (AU:TOP) ) is now available.
Thorney Opportunities Ltd, an ASX-listed investment company trading under the code TOP, manages a portfolio of listed securities for its investors. The company has continued its on-market share buy-back program, reporting that it has repurchased a total of 7,507,865 ordinary fully paid shares to date, including 50,000 shares bought back on the most recent trading day, as disclosed in its latest daily buy-back notification. This ongoing capital management initiative reduces the number of shares on issue and may enhance value for remaining shareholders by improving earnings per share and signalling management’s confidence in the company’s valuation.
More about Thorney Opportunities Ltd.
Thorney Opportunities Ltd is an investment company listed on the ASX under the code TOP, operating as a listed investment company that holds a portfolio of securities on behalf of shareholders.
YTD Price Performance: 9.27%
Average Trading Volume: 99,463
Technical Sentiment Signal: Buy
For detailed information about TOP stock, go to TipRanks’ Stock Analysis page.