Connexion Telematics Limited (AU:CXZ) has released an update.
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Connexion Mobility Ltd has announced the cancellation of 3,495,203 of its ordinary fully paid securities following an on-market buy-back. The cessation of these securities was officially recorded on Wednesday, August 28, 2024. This strategic move could indicate the company’s efforts to optimize its capital structure and deliver value to its shareholders.
For further insights into AU:CXZ stock, check out TipRanks’ Stock Analysis page.
