Amotiv Limited ("the Company") - Completion of On-Market Share Buy-back
Amotiv is pleased to announce the successful completion of its on-market share buy-back program.
Over the course of the buy-back program announced at the October 2024 Annual General Meeting; Amotiv repurchased a total of 7,044,734 ordinary shares at a total consideration of $66,940,451.22 resulting in the acquisition and subsequent cancellation of 5% of shares on issue.
This initiative reflects Amotiv's ongoing commitment to disciplined capital management and delivering long-term value to shareholders in accordance with the Company Capital Allocation framework.
For inquiries:
Aaron Canning
Chief Financial Officer
E: [email protected]