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Thorney Technologies Ltd Updates on Buy-Back Progress
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Thorney Technologies Ltd Updates on Buy-Back Progress

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Thorney Technologies Limited ( (AU:TEK) ) has shared an update.

Thorney Technologies Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified by the ASX security code TEK. As of February 4, 2025, the company has bought back a total of 3,877,046 securities, with an additional 241,009 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize capital management and potentially enhance shareholder value.

More about Thorney Technologies Limited

Thorney Technologies Ltd operates in the technology industry and focuses on investments in technology-related businesses. The company is primarily engaged in identifying and investing in growth-oriented technology companies with potential for substantial market impact.

YTD Price Performance: 2.86%

Technical Sentiment Consensus Rating: Buy

See more data about TEK stock on TipRanks’ Stock Analysis page.

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