Claim 55% 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
The latest announcement is out from Thorney Technologies Limited ( (AU:TEK) ).
Thorney Technologies has provided an update on its ongoing on-market share buy-back program, confirming that it repurchased 500,000 ordinary fully paid shares on the previous trading day. This takes the total number of securities bought back under the current program to 7,305,729 shares, signalling continued active capital management that may support the company’s share price and enhance value for remaining investors.
The latest notification, dated 13 April 2026, follows an initial buy-back disclosure made in November 2025 and subsequent daily updates lodged with the ASX. By steadily reducing its shares on issue through daily market purchases, Thorney Technologies is reinforcing its commitment to returning capital and potentially improving per-share metrics for its shareholders.
More about Thorney Technologies Limited
Thorney Technologies Ltd is an ASX-listed investment company focused on technology-related opportunities, trading under the code TEK. It holds and manages a portfolio of technology and innovation-driven securities, aiming to create value for shareholders through active capital management and market transactions.
YTD Price Performance: -12.50%
Average Trading Volume: 239,920
Technical Sentiment Signal: Strong Sell
Learn more about TEK stock on TipRanks’ Stock Analysis page.