Australia's Money3 Corp climbs after co announces share buyback

Solvar

11/05/2022 02:16

** Shares of finance co Money3 Corp  MNY.AX  climb as much
as 9.4% to A$2.44, their biggest intraday gain since May 20
    ** Co says it is implementing an on-market share buyback of
up to A$15 mln ($10.41 mln) as part of its capital management
strategy  urn:newsml:reuters.com:*:nASXbQFcZY
    ** Adds that share buyback will be for a period of up to 12
months 
    ** Trading volumes are 1.4 times the 30-day average of
320,099 shares
    ** As of last close, stock down 37.2% this year

       ($1 = 1.4409 Australian dollars)
    

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))