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OFX Group Ltd. Updates on Market Buy-back Program

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OFX Group Ltd. Updates on Market Buy-back Program

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OFX Group Ltd. ( (AU:OFX) ) has provided an announcement.

OFX Group Ltd. has announced an update on its on-market buy-back program, with a total of 14,957,721 ordinary fully paid securities bought back before the previous day and an additional 130,922 securities acquired on the previous day. This buy-back initiative reflects the company’s strategic efforts to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial position.

More about OFX Group Ltd.

OFX Group Ltd. operates in the financial services industry, offering international payments and foreign exchange services. The company focuses on facilitating secure and efficient money transfers for personal and business clients globally.

YTD Price Performance: -3.52%

Average Trading Volume: 535,226

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$324.1M

For a thorough assessment of OFX stock, go to TipRanks’ Stock Analysis page.

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