tiprankstipranks
Advertisement
Advertisement

Thorney Technologies Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Thorney Technologies continues its on-market buy-back of ordinary fully paid shares.
  • The company has repurchased over two million shares in total, reinforcing its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thorney Technologies Updates Market on Progress of On-Market Share Buy-Back

Claim 55% Off TipRanks

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

Thorney Technologies Limited has provided an updated daily notification to the ASX regarding its on-market share buy-back of ordinary fully paid shares. As of 3 February 2026, the company has repurchased a total of 1,749,301 shares prior to the previous trading day and a further 350,000 shares on the previous day, as part of its ongoing capital management program, which may support earnings per share and signal confidence in the company’s valuation to shareholders.

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 (ASX: TEK) is an investment company focused on listed and unlisted technologies and related sectors, providing investors with exposure to a portfolio of technology-focused securities.

Average Trading Volume: 231,942

Technical Sentiment Signal: Hold

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1