Proposed further share buyback

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Stock Maas Group Holdings Ltd (MGH.ASX)
Release Time 3 Feb 2026, 5:30 p.m.
Price Sensitive Yes
 Maas Group proposes further share buyback
Key Points
  • Board approves 12-month extension of up to 10% share buyback
  • Supports sustainable return on equity for shareholders
  • Reflects belief in business performance and strong capital position
Full Summary

Maas Group Holdings Limited (ASX: MGH) has announced that the Board of Directors has approved the extension of the current on-market share buy-back of up to 10% of the company's issued ordinary share capital for a further 12 months. The extension of the Share Buyback program supports the Company's goal to increase sustainable return on equity benefits for shareholders. It also reflects the MGH Board's belief in the performance of the business and the Company's strong capital position. The timing and number of shares to be purchased under the extended Share Buyback will depend on the prevailing share price, market conditions and the Company's capital position over the next 12 months. The share buyback is intended to enhance shareholder value by increasing earnings per share and return on equity. The extension of the buyback program demonstrates the Board's confidence in the company's future prospects and its commitment to delivering value for shareholders.