TOUAX Updates on Liquidity Contract: Key Financial Highlights
Insights on TOUAX's Liquidity Contract with Gilbert Dupont
TOUAX SCA has officially released its update on the liquidity contract in partnership with Gilbert Dupont Stockbrokers. This report summarizes the performance of the liquidity account as of December 31, 2024, showcasing both shares and cash managed during this period.
Performance Overview
As of the end of 2024, the liquidity account's holdings included:
- Number of shares: 10,352
- Available cash in the liquidity account: €23,029.37
Transaction Activity in Second Half of 2024
In the second half of 2024, TOUAX executed significant transactions reflecting a healthy trading volume:
- Purchases: 64,237 shares totaling €294,258.61 over 826 transactions.
- Sales: 65,813 shares totaling €294,803.68 across 733 transactions.
These figures indicate a robust trading environment and emphasize the dynamic engagement of TOUAX within the market.
Liquidity Account Status Over Time
To provide context, during the previous report dated June 28, 2024, the liquidity account maintained:
- 11,928 shares of TOUAX
- Cash balance of €22,484.66
At the initiation of the contract, there were no shares held, but the cash balance started at €100,000. This gradual progress illustrates TOUAX’s effective utilization of resources to enhance liquidity.
Core Business Activities at TOUAX
TOUAX operates as a leader in operational leasing for tangible assets worldwide. They offer a range of alternatives including freight railcars, river barges, and shipping containers. With assets under management totaling €1.2 billion, TOUAX strives to deliver sustainable transportation solutions in line with growing environmental expectations.
Market Position and Financial Standing
Listed on the Euronext Paris under the ticker symbol TOUP and indexed on the CAC® Small and CAC® Mid & Small indexes, TOUAX is strategically positioned to leverage growth opportunities. The company continues to focus on expanding its market share while delivering value to its stakeholders.
Frequently Asked Questions
1. What is the purpose of the liquidity contract at TOUAX?
The liquidity contract aims to enhance the trading fluidity of TOUAX shares on the market, enabling better price discovery and liquidity for investors.
2. How has the liquidity account progressed over time?
Over time, the liquidity account has seen an increase in both the number of shares and the cash balance, indicating effective management of financial resources.
3. What types of assets does TOUAX manage?
TOUAX manages tangible assets including freight railcars, river barges, and containers, catering to various sectors relying on efficient logistics and transport.
4. How has TOUAX performed in 2024?
In 2024, TOUAX has demonstrated consistent trading activity with substantial purchases and sales of shares, reflecting its active engagement in the financial markets.
5. What is TOUAX's strategy moving forward?
TOUAX aims to continue expanding its operations while focusing on sustainability and enhancing shareholder value through strategic investments and partnerships.
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