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Connexion Mobility Ltd Updates On-Market Buy-Back Progress
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Connexion Mobility Ltd Updates On-Market Buy-Back Progress

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Connexion Telematics Limited ( (AU:CXZ) ) has shared an update.

Connexion Mobility Ltd, trading under ASX code CXZ, announced a daily update on its ongoing on-market buy-back of its ordinary fully paid securities. As of January 6, 2025, the company has bought back a total of 19,256,612 securities, including 3,571 securities purchased on the previous day. This buy-back activity could indicate the company’s strategic move to consolidate its equity base, potentially enhancing shareholder value and influencing its market positioning.

More about Connexion Telematics Limited

YTD Price Performance: -25.00%

Average Trading Volume: 20

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €13.03M

Learn more about CXZ stock on TipRanks’ Stock Analysis page.

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