Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,750.60
0.58%
Copper
4.40
0.85%
Oil
71.15
0.94%
Bitcoin
67,127.52
(0.34%)
FTSE 100
8,268.57
(0.6%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.34%
Hang Seng
20,498.95
0.32%
Connexion Mobility (ASX: $CXZ) initiates on-market securities buy-back
- Author: Stock Piper
Connexion Mobility announces new buy-back
Connexion Mobility (ASX:CXZ) has unveiled plans for an on-market buy-back of its ordinary fully paid shares. The buy-back, approved by shareholders during the recent AGM, will commence on October 24, 2024, and could continue until October 16, 2025. The transaction will be conducted through Openmarkets Australia Limited.
Overview of buy-back strategy
Connexion Mobility (ASX:CXZ) is set to initiate an on-market buy-back of its securities, aiming to enhance shareholder value. The buy-back, which can include up to 170,628,991 shares, forms a key part of the company's capital management strategy. Conducted through Openmarkets Australia Limited, the buy-back will involve cash transactions in Australian Dollars. Shareholder approval has been secured, with the buy-back beginning on October 24, 2024, and potentially concluding by October 16, 2025. Connexion Mobility aims to manage its capital effectively, and this buy-back represents a strategic effort to reduce the number of outstanding shares.
Executive commentary on buy-back initiative
The buy-back is part of the company's ongoing capital management strategy. The company reserves the right to suspend or terminate the buy-back at any point.
CONNEXION MOBILITY LTD
CXZ | ASX | Information Technology
0.0270(+0%)
At close 21/10 (AEDT)
Market cap
$23.0M
Volume
306,000
DY Yield
PE Ratio
Infinity
52 Week Range
0.02 - 0.033
1YR Return
N / A
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