BUZZ-Australia-listed GQG Partners eyes best session to date on share buyback plan

Reuters
2024-11-22
BUZZ-Australia-listed GQG Partners eyes best session to date on share buyback plan

** Shares of Australia-listed GQG Partners GQG.AX rise as much as 16.4% to A$2.48

** Stock last up 10.8%, set for best session to date - if current gains hold

** U.S.-based investment manager says co will establish an on-market buyback

** Co will have flexibility to purchase up to A$100 mln ($65.11 mln) of CHESS Depositary Instruments on common stock

** Buyback plan comes a day after GQG's stock plunged 23% as Gautam Adani, head of Indian conglomerate Adani Group in which co holds nearly 20% stake, was indicted in the U.S. over bribery and fraud charges

** More than 11 mln shares change hands, 3.9 times the 30-day avg of about 2.9 mln shares

** GQG up 37.8% YTD, including current session's moves

($1 = 1.5359 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10