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Technology One Limited ( (AU:TNE) ) has provided an announcement.
Technology One Limited has completed the on-market acquisition of 750,000 shares through its Employee Share Trust, as part of its Omnibus Incentive Plan. This strategic move supports the company’s commitment to delivering shares for vested options and rights, potentially enhancing employee engagement and aligning interests with stakeholders.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$38.10 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
More about Technology One Limited
TechnologyOne (ASX: TNE) is Australia’s largest enterprise software company and one of the top 100 ASX-listed companies, with a global presence. They provide a SaaS ERP solution that simplifies business operations for over 1,300 corporations, government agencies, local councils, and universities worldwide. The company’s software is designed to be accessible on any device, offering ease of use and adaptability to new technologies.
Average Trading Volume: 969,612
Technical Sentiment Signal: Buy
Current Market Cap: A$13.43B
See more data about TNE stock on TipRanks’ Stock Analysis page.