Market Alert: Gold and Silver Continue to Outperform with Robust Gains.
Shine Justice Ltd (ASX: SHJ) has unveiled plans to undertake an additional on-market share buy-back of up to 10% of its issued capital, following the successful completion of a recent buy-back. The move aligns with the Company’s broader capital management strategy aimed at enhancing shareholder value. Earlier, Shine Justice repurchased and cancelled 3,871,416 shares for a total of $2,759,775.67.
The new buy-back program is set to commence on or around 3 October 2025 and will run for a period of up to 12 months. The actual volume of shares repurchased will depend on prevailing market conditions, share price, future capital needs, and other unforeseen factors. Morgans Financial Limited has been appointed to manage the transactions. All shares repurchased will be cancelled, with the program being executed under the Corporations Act 2001’s “10/12” limit, requiring no shareholder approval.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.