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Solvar Limited Updates on Market Buy-Back Activity

Story Highlights
  • Solvar Limited updates on its ongoing buy-back of ordinary securities.
  • The company bought back 11,067,975 securities before the previous day and 4,500 more on the previous day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Money3 Corporation Limited ( (AU:SVR) ).

Solvar Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified by the ASX security code SVR. The company has been actively buying back its shares, with a total of 11,067,975 securities bought back before the previous day and an additional 4,500 securities bought back on the previous day. This buy-back strategy is part of Solvar Limited’s efforts to manage its capital structure and potentially enhance shareholder value.

More about Money3 Corporation Limited

YTD Price Performance: 11.19%

Average Trading Volume: 188,072

Technical Sentiment Signal: Buy

Current Market Cap: A$322.1M

See more insights into SVR stock on TipRanks’ Stock Analysis page.

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