Connexion Mobility Ltd Announces On-Market Buy-Back
Key points
- Connexion Mobility Ltd to conduct an on-market buy-back of up to 160,253,329 shares
- Shareholder approval obtained at AGM on 16 October 2025
- Buyback to commence on 17 October 2025 and end on 16 October 2026
Full summary
Connexion Mobility Ltd has announced an on-market buy-back of up to 160,253,329 of its ordinary fully paid shares. The company obtained shareholder approval for the buyback at the AGM held on 16 October 2025. The buyback will commence on 17 October 2025 and end on 16 October 2026. The reason for the buyback is ongoing capital management. The company reserves the right to suspend or terminate the buyback at any time. The buyback may cease earlier if the maximum number of shares is bought back prior to the period end date. Openmarkets Australia Limited will offer to buy back the shares on the company's behalf.
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