** Shares of Resimac Group rise as much as 5.4% to A$0.885, their largest intraday pct gain since late July
** Consumer lender will undertake on-market share buyback
** Intends to commence buyback on Dec. 11 for up to a 12-month period
** Says buyback represents opportunity to add value to co's shares
** Stock hits highest since Nov. 18
** However, Resimac down 15.8% YTD
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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