Duxton Water Ltd. (AU:D2O) has released an update.
Duxton Water Limited, specializing in Australian water entitlements, has concluded sales of unleased allocations for the current season and is strategically prepping for efficient water delivery in the upcoming 2024-2025 water year. The company is engaging in lease renewals and has secured multiple forward contracts to provide revenue visibility and price stability for both the company and irrigators amidst weather volatility. Additionally, Duxton Water has announced an on-market share buyback, signaling a move to enhance shareholder value, and has also held a successful Annual General Meeting, thanking shareholders for their support.
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