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An update from OFX Group Ltd. ( (AU:OFX) ) is now available.
OFX Group Ltd. has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 1,789,782 ordinary fully paid securities, including 182,761 bought back on the previous day. This buy-back initiative is part of OFX’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:OFX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on OFX Group Ltd. stock, see the AU:OFX Stock Forecast page.
More about OFX Group Ltd.
OFX Group Ltd. operates in the financial services industry, primarily focusing on providing international money transfer services. The company is known for its online platform that facilitates currency exchange and international payments for individuals and businesses, positioning itself as a key player in the global remittance market.
Average Trading Volume: 820,190
Technical Sentiment Signal: Sell
Current Market Cap: A$189.5M
For detailed information about OFX stock, go to TipRanks’ Stock Analysis page.