Aussie Broadband Ltd. ( (AU:ABB) ) has issued an announcement.
Aussie Broadband Ltd. has announced an update regarding its ongoing on-market buy-back program, revealing that it has repurchased a total of 6,168,929 ordinary fully paid securities, with an additional 500,000 bought back on the previous day. This buy-back initiative is part of the company’s strategy 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 and related products to consumers and businesses in Australia. The company focuses on delivering high-speed broadband and exceptional customer service.
YTD Price Performance: 10.95%
Average Trading Volume: 697,455
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.16B
For detailed information about ABB stock, go to TipRanks’ Stock Analysis page.