Rey Resources Ltd (AU:REY) has released an update.
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Rey Resources Limited has updated investors with a notification of an on-market buy-back, where a total of 19,941 ordinary fully paid securities were repurchased on the previous day, adding to the cumulative total of 80,665 securities bought back to date. This move is part of the company’s ongoing strategy to manage its capital effectively and could indicate confidence in the company’s value proposition.
For further insights into AU:REY stock, check out TipRanks’ Stock Analysis page.