Connexion Telematics Limited (AU:CXZ) has released an update.
Connexion Mobility Ltd has announced the finalization of its buy-back program, acquiring over 105 million ordinary fully paid shares for a total of approximately AUD 2.59 million. This move is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value. Investors interested in Connexion’s market maneuvers might find this buy-back significant as it may impact the company’s stock performance.
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