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The latest announcement is out from G8 Education Limited ( (AU:GEM) ).
G8 Education Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 11,245,637 ordinary fully paid securities, with 130,688 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage 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, focusing on providing early childhood education services. The company is known for its network of childcare and early learning centers across Australia, catering to the needs of families seeking quality early education.
Average Trading Volume: 4,957,230
Technical Sentiment Signal: Sell
Current Market Cap: A$536.2M
For an in-depth examination of GEM stock, go to TipRanks’ Overview page.