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Thorney Technologies Continues Share Buy-Back Program

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Thorney Technologies Continues Share Buy-Back Program

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Thorney Technologies Limited ( (AU:TEK) ) has issued an announcement.

Thorney Technologies Limited announced a daily update on its ongoing on-market share buy-back program, which involved the repurchase of 5,500 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 3,538,833. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Thorney Technologies Limited

Thorney Technologies Limited is a company operating in the technology sector, focusing on investing in a diverse portfolio of tech-focused businesses. The company is involved in identifying and supporting innovative technology companies with high growth potential.

YTD Price Performance: 4.29%

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on TEK stock on TipRanks’ Stock Analysis page.

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