Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An announcement from Thorney Technologies Limited ( (AU:TEK) ) is now available.
Thorney Technologies Limited has announced a daily update on its ongoing share buy-back program. The company reported that it bought back a total of 32,447 ordinary fully paid securities on the previous day, adding to the cumulative total of 3,735,186 securities bought back since the program’s inception. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Thorney Technologies Limited
Thorney Technologies Limited operates in the technology sector, focusing on technology investments. The company primarily engages in investing in both public and private technology companies, aiming to capitalize on growth opportunities within the sector.
YTD Price Performance: 2.86%
Technical Sentiment Consensus Rating: Strong Buy
See more insights into TEK stock on TipRanks’ Stock Analysis page.