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The latest announcement is out from Evolve Education Group Ltd ( (AU:EVO) ).
Embark Early Education Limited has announced a quarterly dividend payment of AUD0.015 per share for FY2024, which will be fully franked. Additionally, the company has executed conditional contracts to acquire two more centers in Queensland, increasing its total number of centers to 40. These acquisitions, totaling $3.7 million, will be funded by bank debt and are expected to settle between late May and early July, subject to regulatory approvals.
The most recent analyst rating on (AU:EVO) stock is a Buy with a A$0.96 price target. To see the full list of analyst forecasts on Evolve Education Group Ltd stock, see the AU:EVO Stock Forecast page.
More about Evolve Education Group Ltd
Embark Early Education Limited operates in the early childhood education sector, focusing on providing quality education and care services through its network of centers across Australia.
Average Trading Volume: 114,222
Technical Sentiment Signal: Sell
Current Market Cap: A$127.5M
See more data about EVO stock on TipRanks’ Stock Analysis page.
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