The latest update is out from Thorney Opportunities Ltd. ( (AU:TOP) ).
Thorney Opportunities Ltd has announced an update to its ongoing on-market buy-back program, initially notified on February 21, 2025. The company plans to buy back a maximum of 10,758,796 ordinary fully paid securities, with UBS Securities Australia Limited acting as the broker. This move is part of Thorney’s strategy to manage its capital structure effectively, potentially leading to an increase in shareholder value by reducing the number of shares outstanding.
More about Thorney Opportunities Ltd.
Thorney Opportunities Ltd is an investment company that focuses on creating value through investing in listed and unlisted companies across various sectors. The company is known for its strategic investments and active management approach to enhance shareholder value.
YTD Price Performance: -9.44%
Technical Sentiment Signal: Hold
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