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Thorney Technologies Limited ( (AU:TEK) ) has shared an update.
Thorney Technologies Limited has announced an update on its ongoing on-market buy-back program. As of February 13, 2025, the company bought back 250,000 ordinary fully paid securities on the previous day, adding to a total of 4,869,773 securities repurchased before that. This buy-back initiative is intended to optimize the company’s capital structure and potentially increase shareholder value by reducing the number of shares outstanding.
More about Thorney Technologies Limited
Thorney Technologies Limited operates in the technology investment industry, focusing on acquiring and managing technology-based assets. The company is primarily engaged in identifying and investing in innovative and high-growth technology ventures, aiming to enhance its market positioning and provide value to its stakeholders.
YTD Price Performance: -2.86%
Technical Sentiment Consensus Rating: Buy
See more data about TEK stock on TipRanks’ Stock Analysis page.
