Australia's BirdDog Technology climbs to one-week high on proposed buyback

BirdDog Technology

12/06/2024 02:24

** Shares of BirdDog Technology  BDT.AX  rise as much as
5.7% to A$0.056, their highest level since June 3
    ** Stock on track for best day since April 30, if current
gains hold
    ** The hardware and software solutions firm executed binding
agreements with Home Made Robots to purchase 31.6 million co
shares via a selective buyback programme
    ** Co says proposed buyback consideration is A$1.6 mln
($1.06 mln)
    ** BirdDog stock has fallen 39.1% this year, as of last
close

   ($1 = 1.5147 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))