GrowthOps announces $5m share buy-back

March 20, 2019 9:45

Marketing and technology company GrowthOps – which purchased agencies including AJF Partnership and Khemistry – has announced a share buy-back program, just weeks after posting a $48m loss.

The buy-back will extend to up to $5m, or 10%, of its outstanding shares. By ensuring the buy-back impacts less than 10% of shares, GrowthOps does not have to get shareholder approval.

The program will commence on 29 March and be in place for up to 12 months.

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Brittney Rigby

Brittney Rigby was Mumbrella's deputy managing editor - news and analysis. She left Mumbrella in April 2021.