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An update from OFX Group Ltd. ( (AU:OFX) ) is now available.
OFX Group Ltd. has announced an update regarding their ongoing on-market buy-back program, detailing the repurchase of over 14 million of its ordinary fully paid securities. This strategic financial move indicates OFX’s efforts to enhance shareholder value and optimize its capital structure, potentially impacting its market position and investor relations positively.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, providing international money transfer services. The company focuses on facilitating global currency exchanges for individual and business clients, aiming to offer competitive rates and secure transactions in the international financial market.
YTD Price Performance: -7.75%
Average Trading Volume: 846,353
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$310M
Find detailed analytics on OFX stock on TipRanks’ Stock Analysis page.