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Infomedia Launches 5% On-Market Buyback Backed by Strong Cash Position
8:33am on Tuesday 18th of February, 2025 AEDT
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Infomedia Launches 5% On-Market Buyback Backed by Strong Cash Position
8:33am on Tuesday 18th of February, 2025 AEDT
Key Points
On-market buyback of up to 18.8 million shares (5% of issued capital)
Buyback period spans 12 months starting 3 March 2025
Strong cash position with $78 million in cash and zero debt
Shares purchased will be cancelled, reducing total shares on issue
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