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An announcement from G8 Education Limited ( (AU:GEM) ) is now available.
G8 Education Limited has announced an update on its ongoing on-market buy-back program, reporting the acquisition of 320,718 ordinary fully paid securities on the previous day. This buy-back initiative, which began on August 22, 2024, aims to enhance shareholder value and optimize the company’s capital structure.
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 childcare services. The company is listed on the Australian Securities Exchange under the code GEM and is involved in the management and operation of early childhood education centers across Australia.
Average Trading Volume: 1,667,567
Technical Sentiment Signal: Sell
Current Market Cap: A$975.5M
For a thorough assessment of GEM stock, go to TipRanks’ Stock Analysis page.