Shine Justice Ltd Announces On-Market Buy-Back
Key points
- Shine Justice Ltd to conduct an on-market buy-back of up to 16,939,039 shares
- Buy-back period to commence on 3/10/2025 and end on 2/10/2026
- Broker Morgans Financial Limited to facilitate the buy-back
Full summary
Shine Justice Ltd, an ASX-listed legal services provider, has announced an on-market buy-back of up to 16,939,039 of its ordinary fully paid shares, representing approximately 10% of its total issued capital. The buy-back will commence on 3/10/2025 and end on 2/10/2026. Morgans Financial Limited has been appointed as the broker to facilitate the buy-back. The company has not specified a minimum number of shares to be bought back, but has set a maximum of 16,939,039 shares. The buy-back is being undertaken for cash consideration, but the specific price to be paid for the shares has not yet been determined. The buy-back does not require shareholder approval.
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