tiprankstipranks
Advertisement
Advertisement

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

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

Claim 55% Off TipRanks

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

Thorney Technologies has provided an updated notification to the ASX on the progress of its on-market share buy-back program for its ordinary fully paid shares. The company reported that it had repurchased a cumulative total of 4,968,186 shares prior to the previous trading day and an additional 350,000 shares on the previous day, as part of its ongoing capital management strategy.

The latest daily update, dated 25 February 2026, confirms that the buy-back was initially announced in November 2025 and remains active. Continued execution of the on-market buy-back signals management’s commitment to returning capital to shareholders and may support the company’s share price and capital structure over time.

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 Australia-listed investment company trading under the ASX code TEK. It holds a portfolio of technology-related investments and provides shareholders with exposure to listed and unlisted tech opportunities, focusing on capital growth through active portfolio management in the technology sector.

Average Trading Volume: 217,143

Technical Sentiment Signal: Hold

Learn more about TEK stock on TipRanks’ Stock Analysis 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