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Xref Limited Concludes Share Purchase Plan with Modest Participation

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The latest update is out from Xref Ltd ( (AU:XF1) ).

Xref Limited announced the results of its Share Purchase Plan (SPP), which concluded on April 22, 2025. The plan allowed eligible shareholders to purchase up to $30,000 worth of new shares at $0.13 each. The company received applications from four shareholders for a total of 173,078 shares, amounting to $22,500. These shares will be issued on April 30, 2025, and will rank equally with existing shares. This SPP reflects a modest shareholder engagement, potentially impacting the company’s capital raising efforts and market positioning.

More about Xref Ltd

Xref Limited operates in the technology industry, providing innovative solutions for automated reference checking and talent management. The company focuses on enhancing recruitment processes for businesses by offering a platform that streamlines and secures the collection of candidate references.

YTD Price Performance: -46.51%

Average Trading Volume: 1,225,781

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$25.29M

See more insights into XF1 stock on TipRanks’ Stock Analysis page.

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