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An announcement from Thorney Technologies Limited ( (AU:TEK) ) is now available.
Thorney Technologies has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares on the ASX, under code TEK. The latest notification reports that a total of 4,482,044 shares had been repurchased prior to the most recent trading day, with an additional 56,014 shares bought back on the previous day as part of this capital management initiative.
The continued execution of the buy-back, first notified in November 2025 and now updated to 20 February 2026, signals management’s commitment to actively manage the company’s capital structure. This sustained repurchase activity may support the share price, increase earnings per share, and potentially improve returns for existing shareholders by 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 focused on technology-related opportunities, with its ordinary fully paid shares trading on the ASX under the code TEK. The company manages a portfolio of tech investments and uses on-market share buy-backs as part of its capital management strategy to enhance shareholder value.
Average Trading Volume: 221,610
Technical Sentiment Signal: Sell
For a thorough assessment of TEK stock, go to TipRanks’ Stock Analysis page.