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Connexion Telematics Limited ( (AU:CXZ) ) has shared an update.
Connexion Mobility Ltd announced an update on its ongoing buy-back program, disclosing the acquisition of 386,758 ordinary fully paid securities on the previous day. This buy-back initiative, which commenced on October 22, 2024, is part of the company’s strategy to consolidate its share capital, potentially impacting its market valuation and shareholder value.
More about Connexion Telematics Limited
Connexion Mobility Ltd operates within the telematics industry, focusing on providing mobility solutions. The company’s primary services include offering telematics technology for connected vehicles, aiming to enhance vehicle management and driver performance. Connexion Mobility primarily serves the automotive industry, delivering solutions that integrate with existing vehicle systems.
YTD Price Performance: -25.00%
Average Trading Volume: 20
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €12.94M
See more insights into CXZ stock on TipRanks’ Stock Analysis page.
