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MYOB buy-back does not spell end of innovation

Accounting software company MYOB has announced a $102 million share buy-back, but says it will continue looking for acquisition targets over the next 12 months and has no intention to reduce research and development spend.

MYOB buy-back does not spell end of innovation
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  • Shared by Australian Financial Review
  • August 25, 2017
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The announcement came as the group's 2017 half-year results showed revenue jumped 14.4 per cent to $204 million and net profit rose 13 per cent to $28.3 million.

Read the full article on the Australian Financial Review.

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