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G8 Education Limited ( (AU:GEM) ) has shared an update.
G8 Education Limited has announced an update regarding its ongoing on-market buy-back program, reporting the acquisition of 210,767 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 11,671,300. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a commitment to returning capital to shareholders and potentially improving earnings per share.
The most recent analyst rating on (AU:GEM) stock is a Hold with a A$0.80 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 industry, primarily focusing on providing early childhood education and care services. The company is known for its network of childcare centers across Australia, catering to the needs of families and children in the early learning sector.
Average Trading Volume: 5,243,691
Technical Sentiment Signal: Sell
Current Market Cap: A$524.7M
For detailed information about GEM stock, go to TipRanks’ Stock Analysis page.