Calima Energy Ltd (AU:CE1) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Calima Energy Ltd has announced its upcoming delisting from the ASX on December 18, 2024, following shareholder approval. The company has initiated a second buy-back of shares, potentially purchasing up to 316.7 million shares for a total of $2.64 million. Additionally, Calima has sold its remaining asset, Calima Energy Inc, for A$1.3 million, marking a significant restructuring phase.
For further insights into AU:CE1 stock, check out TipRanks’ Stock Analysis page.
