Mount Gibson Iron Continues Share Buy-Back Strategy

Mount Gibson Iron Limited (AU:MGX) has released an update.

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Mount Gibson Iron Limited has announced a daily update on its ongoing on-market buy-back program, with a total of 693,949 ordinary fully paid securities repurchased on the previous day. This move is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares.

For further insights into AU:MGX stock, check out TipRanks’ Stock Analysis page.

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