New Zealand's ikeGPS rises to 2-year high on share purchase plan

Ikegps

16/07/2025 01:08

** ikeGPS Group IKE.NZ up as much as 2% to NZ$1.04, its highest level since February 2023

** Stock set to gain for the eighth straight session

** Platform technology co opens its share purchase plan for A$2 mln ($1.3 mln)

** Purchase plan follows the fully underwritten share placement, which raised ~A$18 mln

** IKE gains 13.3% YTD

($1 = A$1.5347)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))