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Vmoto Limited ( (AU:VMT) ) has provided an announcement.
Vmoto Limited, listed on the ASX, has completed an off-market share buy-back, purchasing 39,548,719 shares at $0.12 each, totaling approximately $4.75 million. The buy-back saw high demand with applications for 56,734,352 shares, leading to a scale back. The company is considering further buy-back options or other exit strategies for shareholders, which may be implemented before a potential delisting from the ASX, pending shareholder approval.
More about Vmoto Limited
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €25.13M
See more data about VMT stock on TipRanks’ Stock Analysis page.
