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Aussie Broadband Updates on Share Buy-Back Program

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An announcement from Aussie Broadband Ltd. ( (AU:ABB) ) is now available.

Aussie Broadband Ltd. has announced an update on its ongoing share buy-back program, with a total of 7,560,191 shares repurchased before the previous day and an additional 150,000 shares bought back on the previous day. This buy-back initiative is part of the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

More about Aussie Broadband Ltd.

Aussie Broadband Ltd. operates in the telecommunications industry, providing internet services primarily focused on broadband connections. The company is known for offering high-speed internet and related services to residential and business customers across Australia.

YTD Price Performance: 12.99%

Average Trading Volume: 753,368

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.18B

See more insights into ABB stock on TipRanks’ Stock Analysis page.

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