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Hygrovest Limited ( (AU:UWC) ) has provided an update.
Underwood Capital Limited has announced the extension of its on-market share buyback program, initially commenced in October 2024. The company plans to repurchase up to 10% of its ordinary shares, leveraging its strong capital position to address the discount at which its shares are trading compared to their net asset value. The buyback, set to begin on October 27, 2025, will be conducted over a 12-month period, with the company retaining flexibility to adjust the program based on market conditions and other factors.
More about Hygrovest Limited
Underwood Capital Limited (ASX: UWC) is an Australian-listed specialist investment company focused on generating capital growth for shareholders through investments in listed and unlisted equities and debt securities.
YTD Price Performance: 27.45%
Average Trading Volume: 148,435
Technical Sentiment Signal: Buy
Current Market Cap: A$13.35M
See more data about UWC stock on TipRanks’ Stock Analysis page.