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Thorney Opportunities Ltd. ( (AU:TOP) ) has issued an update.
Thorney Opportunities Ltd has announced an update regarding its ongoing on-market buy-back program, reporting the purchase of 72,912 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 6,243,856. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize capital management, reflecting its confidence in the underlying value of its securities.
More about Thorney Opportunities Ltd.
Thorney Opportunities Ltd is a company engaged in investment management, focusing on identifying undervalued opportunities across various sectors. The company primarily deals with ordinary fully paid securities and is listed on the Australian Securities Exchange under the code TOP.
Average Trading Volume: 90,594
Technical Sentiment Signal: Buy
Find detailed analytics on TOP stock on TipRanks’ Stock Analysis page.