Mount Gibson Iron Limited (AU:MGX) has released an update.
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Mount Gibson Iron Limited announced a daily update on its ongoing stock buy-back program, with the company purchasing 299,706 shares on the previous day. This move is part of their strategy to reduce outstanding shares, potentially increasing shareholder value. Investors may find this buy-back indicative of the company’s confidence in its financial health and future prospects.
For further insights into AU:MGX stock, check out TipRanks’ Stock Analysis page.
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