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Thorney Technologies Limited ( (AU:TEK) ) has provided an update.
Thorney Technologies Limited has announced a daily update on its ongoing on-market buy-back program, reporting the acquisition of 26,079 securities on the previous day, adding to a total of 3,121,222 securities bought back since the program began. This buy-back initiative reflects the company’s strategy to manage its capital structure efficiently and may enhance shareholder value by reducing the number of shares outstanding.
More about Thorney Technologies Limited
Thorney Technologies Limited operates within the technology industry, focusing on investments and growth opportunities in tech-driven companies and sectors. The company is involved in acquiring and holding securities that align with its strategic investment goals in the technology space.
YTD Price Performance: 8.57%
Technical Sentiment Consensus Rating: Hold
For a thorough assessment of TEK stock, go to TipRanks’ Stock Analysis page.
