The latest update is out from Thorney Technologies Limited ( (AU:TEK) ).
Thorney Technologies Ltd has announced an update regarding their ongoing on-market buy-back program, which involves the repurchase of ordinary fully paid securities. As of the latest notification, a total of 250,000 securities were bought back on the previous day, bringing the total number of securities repurchased before the previous day to 4,118,055. This buy-back initiative is part of the company’s strategy to manage capital effectively, which may have implications for shareholder value and market perception.
More about Thorney Technologies Limited
Thorney Technologies Ltd is a company operating in the technology sector, focusing on investments in technology-related industries and ventures, with an emphasis on identifying opportunities for growth and innovation.
YTD Price Performance: 2.86%
Technical Sentiment Consensus Rating: Buy
See more data about TEK stock on TipRanks’ Stock Analysis page.