Australia's Tribeca Global Natural Resources jumps on swinging to FY profit, share buyback

Tribeca Global Natural Resources

26/08/2025 06:50

** Shares of Tribeca Global TGF.AX rise as much as 7.3% to A$1.56, their highest level since July 24

** Stock set for its strongest session since September 2021

** Investment manager reports profit from ordinary activities after tax attributable of A$5 million ($3.25 million)compared to a loss of A$9.6 million last year

** Says annual revenue rises 943.4% y/y to A$20.2 mln

** Announces buyback of up to 7.9 mln shares

** Declares final dividend of 5 Australian cents per share, payable on Oct. 3

** About 704,300 shares traded, 4.5x the 30-day average

** YTD up 7.3%, including current session's move

($1 = 1.5389 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))