CXZ connexion mobility ltd
Add to My Watchlist 4.00% ! 2.6¢

CXZ buyback strategy is to offset shares issued for Staff...

  1. Roughley
    22 Posts.
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    09/12/24
    11:09
    Post #: 76967752
    CXZ buyback strategy is to offset shares issued for Staff alignment/loyalty and improving the companies EPS through share count reduction. They cover this in the July 2022 quarterly update under the heading Capital Management. I'm happy for them to continue buybacks and prefer this option than paying a dividend or burning capital on empire building.
    CXZ Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
2.6¢ 		Change
0.001(4.00%) 		Mkt cap ! $21.08M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $2.6K 100K

Buyers (Bids)

No. Vol. Price($)
10 4567307 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 2364341 5
View Market Depth
Last trade - 10.02am 18/06/2025 (20 minute delay) ?
CXZ (ASX) Chart
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