ASX:OCLSoftware
Objective (ASX:OCL) Valuation Check After 10% Share Buyback Approval
Objective (ASX:OCL) has drawn fresh attention after its board approved an on market buyback of up to 9,590,176 shares, or 10% of issued capital, running through to February 5, 2027.
See our latest analysis for Objective.
That buyback decision comes after a stretch of weaker momentum, with the share price at A$14.63 and a 90 day share price return showing a decline of 21.05%, while the 5 year total shareholder return of 13.72% remains in positive territory.
If this kind of capital management...