The latest update is out from OFX Group Ltd. ( (AU:OFX) ).
OFX Group Ltd. has announced an update on its ongoing on-market buy-back program, revealing that a total of 16,663,686 ordinary fully paid securities have been bought back before the previous day, with an additional 184,899 securities purchased on the previous day. This buy-back program is part of OFX’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting the company’s financial standing and market perception positively.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, primarily offering international money transfer and foreign exchange services. The company focuses on providing secure, fast, and cost-effective currency exchange solutions for individuals and businesses globally.
YTD Price Performance: -15.49%
Average Trading Volume: 449,752
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$282.3M
For detailed information about OFX stock, go to TipRanks’ Stock Analysis page.
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