Veris Limited Updates on Market Buy-Back Program

Tip Ranks
2025.06.11 22:48
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Veris Limited (AU:VRS) has updated its on-market buy-back program, having repurchased 1,896,333 ordinary fully paid securities as of June 12, 2025, including 300,000 securities bought back the previous day. This initiative aims to optimize the company's capital structure and enhance shareholder value. Veris Limited specializes in geospatial services, focusing on surveying and spatial data across various sectors. The company's current market cap is A$25.05M, with a year-to-date price performance of -2.04%.

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The latest update is out from Veris Limited ( (AU:VRS) ).

Veris Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities. As of June 12, 2025, the company has bought back a total of 1,896,333 securities, with an additional 300,000 securities purchased on the previous day. This buy-back initiative is part of Veris Limited’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach in managing its financial operations.

More about Veris Limited

Veris Limited operates in the industry of providing geospatial services and solutions. The company focuses on offering a range of surveying, digital, and spatial data services, catering to various sectors including infrastructure, property, and resources.

YTD Price Performance: -2.04%

Average Trading Volume: 166,726

Technical Sentiment Signal: Sell

Current Market Cap: A$25.05M

Find detailed analytics on VRS stock on TipRanks’ Stock Analysis page.

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