G8 Education Limited Updates on Share Buy-Back Program

An announcement from G8 Education Limited ( (AU:GEM) ) is now available.

G8 Education Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 412,938 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 33,167,078 securities repurchased to date. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to returning surplus capital to shareholders.

The most recent analyst rating on (AU:GEM) stock is a Buy with a A$1.46 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 a significant player in the Australian market, offering a range of educational programs and services for young children.

Average Trading Volume: 1,764,990

Technical Sentiment Signal: Buy

Current Market Cap: A$1.05B

Learn more about GEM stock on TipRanks’ Stock Analysis page.