GrowthOps announces $5m share buy-back
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.
