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Thorney Technologies Limited ( (AU:TEK) ) has provided an update.
Thorney Technologies Limited has announced an update on its ongoing buy-back program, revealing a total of 250,000 ordinary fully paid securities bought back on the previous day, bringing the cumulative total to 5,369,773 securities. This buy-back initiative is part of the company’s strategy to enhance shareholder value, potentially impacting its market positioning by reducing the number of shares in circulation, which may lead to an increase in share value.
More about Thorney Technologies Limited
Thorney Technologies Limited operates in the technology sector, focusing on investments in listed and unlisted technology-related companies. It aims to identify and capitalize on opportunities within the tech industry, leveraging its expertise to maximize shareholder value.
Technical Sentiment Consensus Rating: Buy
For detailed information about TEK stock, go to TipRanks’ Stock Analysis page.
