The latest announcement is out from G8 Education Limited ( (AU:GEM) ).
G8 Education Limited has announced an update on its ongoing share buy-back program, revealing that a total of 286,983 shares were bought back on the previous day, adding to the cumulative total of 27,157,827 shares repurchased since the program’s inception. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
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 centers across Australia, catering to the needs of families and contributing to the development of young children.
Average Trading Volume: 1,481,014
Technical Sentiment Signal: Sell
Current Market Cap: A$1.03B
Learn more about GEM stock on TipRanks’ Stock Analysis page.