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Teaminvest Private Group Limited (ASX:TIP)

ALERT: Price-sensitive ASX Announcement for TIP
Current share price for TIP : $1.270 -0.395 (-23.72%)+
Announcement
Release
9 Feb 2026 10:48AM
Price at Release
$1.665
Full Release
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Summary
Teaminvest Private Group Limited announced the extension of its on-market share buy-back program for another 12 months, from 23 February 2026 to 23 February 2027. The extended buy-back allows the company to repurchase up to 10% of its issued capital without requiring shareholder approval, as it falls within the '10/12' limit of the Corporations Act 2001. The execution of the buy-back, including the number of shares and purchase price, will depend on the market conditions and share price. All repurchased shares will be canceled. Phillip Securities (AUS) Limited will continue to act as the broker for this program.
Key Points
  • Extension of on-market share buy-back from 23 February 2026 to 23 February 2027.
  • Buy-back for up to 10% of the issued capital.
  • Conducted within '10/12' limit of the Corporations Act 2001.
  • No shareholder approval required.
  • Repurchased shares will be canceled.
  • Phillip Securities (AUS) Limited as the broker.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.