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Thorney Technologies Limited ( (AU:TEK) ) has provided an announcement.
Thorney Technologies Limited announced a daily update on its on-market buy-back program, revealing the purchase of 250,000 ordinary fully paid securities on the previous day, adding to a cumulative total of 5,841,148 securities repurchased to date. This buy-back reflects the company’s strategy to enhance shareholder value and optimize its capital management, potentially impacting its stock liquidity and market perception.
More about Thorney Technologies Limited
Thorney Technologies Limited operates within the technology sector, focusing on investments in listed and unlisted technology-related companies. The company aims to identify and support high-potential technology ventures, leveraging its expertise to drive growth and innovation in the tech industry.
YTD Price Performance: 4.29%
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of TEK stock, go to TipRanks’ Stock Analysis page.
