Blackwall Limited ( (AU:BWF) ) just unveiled an announcement.
BlackWall Limited has announced a buy-back program for shareholders holding unmarketable parcels of shares, defined as holdings valued under $500. This initiative allows eligible shareholders to sell their shares back to the company at a price of $0.355 per share, with no brokerage fees involved. The buy-back aims to streamline the company’s shareholder base by cancelling these shares, which constitute 22% of the company’s ordinary shares. Shareholders have the option to opt-out by retaining their shares or increasing their holdings before the closing date of May 12, 2025.
More about Blackwall Limited
BlackWall Limited operates within the financial sector, focusing on investment and asset management services. The company is listed on the Australian Securities Exchange (ASX) under the code BWF.
YTD Price Performance: -10.16%
Average Trading Volume: 36,070
Technical Sentiment Signal: Buy
Current Market Cap: A$57.89M
Find detailed analytics on BWF stock on TipRanks’ Stock Analysis page.