Nine Entertainment Co. Holdings Limited (AU:NEC) has released an update.
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Nine Entertainment Co. Holdings Limited has completed its share buy-back program, repurchasing 119,631,130 ordinary shares with a total consideration of AUD 221,096,883.34. This final notification marks the end of the buy-back initiative which was first announced on August 25, 2022. The buy-back is aimed at reducing the company’s outstanding shares and potentially increasing shareholder value.
For further insights into AU:NEC stock, check out TipRanks’ Stock Analysis page.
