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Connexion Telematics Limited ( (AU:CXZ) ) just unveiled an update.
Connexion Mobility Ltd announced that all resolutions were passed by poll at their Annual General Meeting. The resolutions included the adoption of the remuneration report, re-election of directors, approval of future securities issuance, renewal of takeover provisions, and approval to exceed the buyback limit. This successful meeting reflects shareholder support for the company’s strategic decisions, potentially strengthening its market position and operational capabilities.
More about Connexion Telematics Limited
Connexion Mobility Ltd is a public enterprise-grade mobility software company serving the global Automotive Retail industry. The company focuses on connecting fleet owners with future mobility solutions, particularly through courtesy transportation. Its proprietary platforms, OnTRAC and Connexion, offer embedded telemetry, fleet management, contract management, and data analytics tools, enhancing operational efficiency and customer experience for thousands of dealerships across the US.
Average Trading Volume: 690,991
Technical Sentiment Signal: Hold
Current Market Cap: A$21.02M
For a thorough assessment of CXZ stock, go to TipRanks’ Stock Analysis page.