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An update from G8 Education Limited ( (AU:GEM) ) is now available.
G8 Education Limited has announced an update regarding its ongoing on-market buy-back program, where it repurchased 183,393 ordinary fully paid securities on the previous day, adding to a total of 11,487,907 securities bought back to date. 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, providing early childhood education services. The company focuses on delivering quality childcare and educational programs across its centers in Australia.
Average Trading Volume: 5,426,332
Technical Sentiment Signal: Sell
Current Market Cap: A$524.7M
See more insights into GEM stock on TipRanks’ Stock Analysis page.