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iCollege Ltd. ( (AU:NXD) ) just unveiled an announcement.
Nexted Group Limited, a company listed on the Australian Securities Exchange (ASX) under the code NXD, has announced the cessation of 400,659 ordinary fully paid securities. This cessation occurred as a result of an on-market buy-back, effective March 11, 2024. The buy-back reflects the company’s strategic decision to reduce its issued capital, potentially impacting shareholders by increasing the value of remaining shares and optimizing the company’s capital structure.
More about iCollege Ltd.
Average Trading Volume: 129,353
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$31.01M
Learn more about NXD stock on TipRanks’ Stock Analysis page.
