Mitchell Services (ASX:MSV) reported a daily on-market buyback of its ordinary fully paid securities, with 29,000 shares repurchased Thursday for nearly AU$9,930 in total, according to a Friday filing with the Australian bourse.
The proposed maximum number of securities to be reacquired is roughly 21.4 million shares, the filing said.
The drilling services provider's shares rose nearly 1% in midday trade Friday.
Price (AUD): $0.35, Change: $+0.0030, Percent Change: +0.88%