EDU Holdings Continues Active On-Market Share Buy-Back Program

EDU Holdings Limited ( (AU:EDU) ) just unveiled an update.

EDU Holdings Limited has continued its on-market share buy-back program, targeting its ordinary fully paid shares listed on the ASX under the code EDU. The company reported that as of the latest update, 6,762,292 shares had been repurchased before the previous day, with an additional 250,000 shares bought back on the previous trading day.

The disclosure, filed as an update to a buy-back first notified in late September 2024, reflects EDU Holdings’ ongoing effort to reduce its share count and manage its capital structure. Regular daily notifications of repurchases signal an active execution of the buy-back strategy, which may support earnings per share and indicate management’s confidence in the company’s valuation for existing shareholders.

The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.

More about EDU Holdings Limited

EDU Holdings Limited operates as an education-focused company listed on the ASX under the code EDU, with its primary securities being ordinary fully paid shares. The company participates in the Australian capital markets, where it actively manages its share base through mechanisms such as on-market share buy-back programs to influence capital structure and shareholder value.

Average Trading Volume: 798,756

Technical Sentiment Signal: Buy

Current Market Cap: A$81.86M

See more insights into EDU stock on TipRanks’ Stock Analysis page.