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Thorney Technologies Limited ( (AU:TEK) ) has issued an update.
Thorney Technologies has continued its on-market share buy-back program, acquiring a further 250,000 ordinary fully paid shares on 12 March 2026. This brings the total number of shares repurchased under the current program, which commenced in November 2025, to 5,567,534, underscoring the company’s ongoing capital management strategy and potential commitment to enhancing shareholder returns.
The latest update, lodged with the ASX on 13 March 2026, confirms that the daily repurchases relate to the same class of ordinary fully paid securities under code TEK. Regular disclosure of these transactions provides transparency for investors and signals that Thorney Technologies remains active in adjusting its capital base through market buy-backs.
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 focused on the technology sector, trading under the ticker TEK. The company holds a portfolio of technology-related investments and uses capital management initiatives such as on-market share buy-backs to manage its capital structure and shareholder value.
Average Trading Volume: 222,251
Technical Sentiment Signal: Strong Sell
For an in-depth examination of TEK stock, go to TipRanks’ Overview page.