Duxton Water Ltd. (AU:D2O) has released an update.
Duxton Water Limited has been actively purchasing its own shares, with a total of 95,000 ordinary fully paid shares bought back by the company, including 3,000 shares acquired on the previous day. The buy-back activity is part of an ongoing market operation detailed in their daily notification to the ASX under the issuer code D2O. This reflects the company’s strategy to invest in its own stock, which could indicate a self-assessment of undervaluation or a move to consolidate ownership.
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