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Underwood Capital Returns to Profit, Boosts Shareholder Value with Buyback
10:23pm on Friday 29th of August, 2025 AEST
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Financial Services
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Underwood Capital Returns to Profit, Boosts Shareholder Value with Buyback
10:23pm on Friday 29th of August, 2025 AEST
Key Points
Profit of $0.243 million reversing prior year loss
Net tangible asset backing per share increased from 9.1 to 9.3 cents
Operating expenses reduced to $0.9 million from $1.1 million
On-market share buyback reduced issued shares by 4.5 million
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Underwood Capital (ASX:UWC)
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