Australia's iCandy Interactive climbs on share buyback approval

Icandy Interactive

12/07/2022 03:21

** Shares of iCandy Interactive  ICI.AX  rise as much as
5.8% to A$0.091, marking their biggest intraday percentage gain
since July 8 
    ** The mobile game developer says it got approval to buyback
135 million shares as it seeks to improve return on equity for
shareholders  urn:newsml:reuters.com:*:nASX7jzrXC
    ** About 1.4 mln shares change hands compared with a 30-day
average of 3.2 mln shares 
    ** ICI is down 36.3% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))