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G8 Education Limited ( (AU:GEM) ) has issued an update.
G8 Education Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 12,188,402 securities bought back before the previous day and an additional 136,104 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
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 sector, primarily focusing on providing early childhood education services. The company is listed on the Australian Securities Exchange under the code GEM and is involved in managing and operating childcare centers across Australia.
Average Trading Volume: 5,153,969
Technical Sentiment Signal: Sell
Current Market Cap: A$551.7M
For detailed information about GEM stock, go to TipRanks’ Stock Analysis page.