Connexion Telematics Limited (AU:CXZ) has released an update.
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Connexion Mobility Ltd has announced a daily update on its ongoing on-market buy-back program, having repurchased a total of 843,189 ordinary fully paid securities on the previous day, contributing to a cumulative buy-back of over 10.7 million shares. This move indicates the company’s strategic effort to manage its capital structure and potentially enhance shareholder value.
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