Claim 30% 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
An update from Thorney Technologies Limited ( (AU:TEK) ) is now available.
Thorney Technologies Limited has continued its on-market share buy-back program for its ordinary fully paid shares, issuing a daily update under ASX requirements. The company reported that a total of 6,555,729 shares had been bought back before the previous trading day, with a further 250,000 shares repurchased on the prior day.
The latest notification, dated 23 March 2026, updates an on-market buy-back first announced in November 2025 and most recently reported on 18 March 2026. The ongoing repurchases signal the company’s active capital management, potentially supporting earnings per share and indicating confidence in the underlying value of its technology-focused investment portfolio.
The most recent analyst rating on (AU:TEK) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Thorney Technologies Limited stock, see the AU:TEK Stock Forecast page.
More about Thorney Technologies Limited
Thorney Technologies Limited is an ASX-listed investment company trading under the code TEK. It focuses on technology-related opportunities, holding a portfolio of technology and innovation-focused securities for investors seeking exposure to this sector.
Average Trading Volume: 234,710
Technical Sentiment Signal: Strong Sell
For a thorough assessment of TEK stock, go to TipRanks’ Stock Analysis page.