Aurizon Holdings Ltd. (AU:AZJ) has released an update.
Aurizon Holdings Ltd. has announced a daily update on its ongoing on-market buy-back program, revealing that 404,105 ordinary fully paid securities were repurchased on the previous day. This buy-back initiative, which is part of the company’s strategy to optimize its capital structure, has seen a total of 46,998,259 shares bought back since its inception. Investors in Aurizon Holdings may find this activity indicative of the company’s confidence in its current market valuation.
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