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The latest update is out from Thorney Technologies Limited ( (AU:TEK) ).
Thorney Technologies Ltd has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares (TEK). The company reported that it has repurchased a total of 1,399,301 shares prior to the previous trading day and bought back an additional 350,000 shares on the previous day, underscoring its continued capital management efforts and potential intention to enhance shareholder value through reducing the number of shares on issue.
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 Ltd is an Australian-listed investment company trading under the ASX code TEK, focused on acquiring and holding ordinary fully paid securities, typically in the technology and innovation sectors.
YTD Price Performance: 8.33%
Average Trading Volume: 231,942
Technical Sentiment Signal: Hold
See more data about TEK stock on TipRanks’ Stock Analysis page.