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Duxton Farms Ltd (ASX:DBF)

ALERT: Price-sensitive ASX Announcement for DBF
Current share price for DBF : $0.450 -0.315 (-41.18%)+
Release
11 Dec 2025 5:04PM
Price at Release
$0.765
Full Release
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Summary
Duxton Farms Ltd announced the commencement of an on-market share buyback program on 11 December 2025. This initiative aims to support market liquidity and enhance shareholder value, as the board believes that the company's shares are trading below their long-term economic potential. The buyback allows the company to repurchase up to 10% of issued capital within a 12-month period without requiring shareholder approval. Duxton Farms has appointed Shaw and Partners Limited as its broker for this program.
Key Points
  • On-market share buyback program announced.
  • Aims to enhance shareholder value and support market liquidity.
  • Current share price considered below long-term economic prospects.
  • Allows purchasing up to 10% of issued capital without shareholder approval.
  • Shaw and Partners Limited appointed as broker.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.