DRA Global Ltd. (AU:DRA) has released an update.
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DRA Global Ltd. successfully completed its off-market share buy-back, buying back 10,621,863 shares at A$2.08 each, and will proceed with delisting from both the ASX and JSE. The buy-back cost the company approximately A$22.58 million and allowed shareholders to sell their shares prior to the delisting. With no scale back required, all valid applications were accepted, finalizing the company’s delisting plans.
For further insights into AU:DRA stock, check out TipRanks’ Stock Analysis page.
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