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An update from G8 Education Limited ( (AU:GEM) ) is now available.
G8 Education Limited has announced the finalization of its on-market buy-back program, acquiring a total of 37,947,379 ordinary fully paid securities for approximately AUD 49.95 million. This strategic move is likely to impact the company’s share value and market positioning, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
The most recent analyst rating on (AU:GEM) stock is a Buy with a A$1.46 price target. To see the full list of analyst forecasts on G8 Education Limited stock, see the AU:GEM Stock Forecast page.
More about G8 Education Limited
G8 Education Limited operates in the education sector, focusing on providing early childhood education and care services. The company is known for its network of childcare centers across Australia, catering to the developmental needs of young children.
Average Trading Volume: 1,672,960
Technical Sentiment Signal: Sell
Current Market Cap: A$975.5M
See more insights into GEM stock on TipRanks’ Stock Analysis page.
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