360 Capital Group Limited (AU:TGP) has released an update.
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360 Capital Group has announced a buy-back of its fully paid ordinary units stapled securities, a move often seen as a strategy to boost shareholder value by reducing the number of shares in circulation. This buy-back is part of an employee share scheme, signaling a potential increase in confidence in the company’s future performance.
For further insights into AU:TGP stock, check out TipRanks’ Stock Analysis page.