Veris Limited (AU:VRS) has released an update.
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Veris Limited has just announced the cancellation of 177,747 ordinary fully paid shares as a result of an on-market buy-back program, effective from August 1, 2024. This significant reduction in their issued capital is a strategic move for the company, and it could potentially impact their stock’s performance in the market. Shareholders and potential investors should take note of this change in the company’s capital structure.
For further insights into AU:VRS stock, check out TipRanks’ Stock Analysis page.