Auctus Investment Group Limited (AU:AVC) has released an update.
Auctus Investment Group Limited has launched a new share buyback initiative aimed at assisting shareholders who possess less than A$500 in shares, facilitating a cost-effective way for them to sell their holdings. This move is expected to streamline the company’s administrative costs by reducing the number of small shareholdings. Shareholders who do not act by the stipulated deadline will have their shares automatically bought back by Auctus at the prevailing market price, with all buyback-related costs covered by the company.
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