Australia's Ai-Media rises to 1-month high on share buyback plan, FY27 outlook

Ai-Media Technologies

30/09/2026 02:32

** Shares of Australia's Ai-Media Technologies AIM.AX rise as much as 14% to A$0.285, their highest level since August 27
** Stock hits its biggest intraday pct gain since August 27
** The technology company announces an on-market share buy-back of up to 20.8 million shares
** Additionally, company expects FY27 revenue of A$61 million to A$63 million and adjusted EBITDA of A$3.5 million–A$4.5 million, higher than FY26 revenue of A$60.2 million and adjust EBITDA of A$2.1 million
** YTD, stock down more than 66%


 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))