Thorney Opportunities Ltd Buys Back 75,000 Shares on 11 November 2026

Mukul

12 November 2026 10:15 AM AEDT

Thorney Opportunities Ltd Buys Back 75,000 Shares on 11 November 2026

Image Source: Krish Capital Pty Ltd

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Thorney Opportunities Ltd (ASX:TOP) disclosed a daily on-market buy-back notification dated 12 November 2026, confirming the purchase of 75,000 ordinary fully paid shares on 11 November 2026 at a consideration of AUD 39,000.00, with 4,590,273 shares remaining to be bought back under the current programme.

Key Points

75,000 ordinary fully paid shares were bought back on 11 November 2026 for a total consideration of AUD 39,000.00
The price paid on the previous day was AUD 0.52 per share for both the highest and lowest prices recorded
Total securities bought back before the previous day stood at 3,749,438, bringing the cumulative total to 3,824,438
The maximum number of securities proposed to be bought back is 8,414,711, with 4,590,273 remaining as at the end of the previous day
UBS Securities Australia Limited is the named broker conducting the on-market buy-back on behalf of the company

On-Market Buy-Back Programme Terms and Dates

The on-market buy-back programme has a proposed start date of 11 March 2026 and a proposed end date of 10 March 2027. The initial notification of the buy-back was dated 27 February 2026, with the previous announcement to this update dated 30 September 2026. According to the filing, the extension to the buy-back commenced on 11 March 2026, the next business day following the expiry of the previous 12-month buy-back. The company stated that no security holder approval was required for the buy-back. The total number of ordinary fully paid securities on issue in the class subject to the buy-back is 169,970,220.

Daily Buy-Back Price and Consideration Details

On 11 November 2026, the highest price paid for securities bought back on the previous day was AUD 0.52 per share, equal to the lowest price paid on that day. The highest price allowed to be paid by the entity on the previous day under ASX listing rule 7.33 was AUD 0.53805. For the cumulative period before the previous day, the highest price paid was AUD 0.60, recorded on 12 March 2026, and the lowest price paid was AUD 0.505, recorded on 29 April 2026. Total consideration paid before the previous day was AUD 2,082,389.75.

Buy-Back Conditions and Broker Arrangements

The filing states that the timing and actual number of shares purchased under the buy-back will be dependent on TOP's share price and market conditions over the buy-back period. The company disclosed it reserves the right to vary, suspend, or terminate the buy-back at any time. Securities are being bought back for a cash consideration denominated in Australian dollars. UBS Securities Australia Limited is the broker named to offer to buy back securities on the entity's behalf. The buy-back does not require the company to purchase a minimum number of securities, though a maximum of 8,414,711 has been disclosed.

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