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Thorney Technologies Updates Market on Ongoing Share Buy-Back

Story Highlights
  • Thorney Technologies continues its on-market buy-back, repurchasing over three million shares to date.
  • The active buy-back signals confidence in valuation and supports capital management for remaining shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thorney Technologies Updates Market on Ongoing Share Buy-Back

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

Thorney Technologies Ltd has continued its on-market buy-back program for its ordinary fully paid shares, with the latest update dated 9 February 2026. The company reported that a total of 3,149,301 shares had been bought back before the previous day, with an additional 123,684 shares repurchased on the prior trading day.

The ongoing daily notifications indicate that Thorney is actively using its buy-back to reduce the number of shares on issue, which can be supportive of the share price and accretive to remaining shareholders. The updated figures also signal continued confidence from the board in the company’s valuation and capital management strategy as it pursues its investment objectives in the technology sector.

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 ASX-listed investment company trading under the ticker TEK. The company focuses on technology-related investments, holding a portfolio of tech and innovation-driven securities for its shareholders.

YTD Price Performance: 8.33%

Average Trading Volume: 260,528

Technical Sentiment Signal: Hold

For an in-depth examination of TEK stock, go to TipRanks’ Overview page.

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