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Thorney Technologies Ltd Implements Share Buy-Back
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Thorney Technologies Ltd Implements Share Buy-Back

Thorney Technologies Limited (AU:TEK) has released an update.

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Thorney Technologies Ltd has announced the cessation of 1,773,335 ordinary fully paid securities as part of an on-market buy-back initiative. This move is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares. The buy-back reflects confidence in the company’s future prospects and commitment to returning capital to shareholders.

For further insights into AU:TEK stock, check out TipRanks’ Stock Analysis page.

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