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An announcement from G8 Education Limited ( (AU:GEM) ) is now available.
G8 Education Limited announced an update on its ongoing share buy-back program, revealing that a total of 646,361 ordinary fully paid securities were bought back on the previous day, adding to the 796,502 securities bought back before that 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$0.90 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 centers across Australia, catering to the needs of families seeking quality early learning and care.
Average Trading Volume: 4,033,049
Technical Sentiment Signal: Sell
Current Market Cap: A$621.1M
For a thorough assessment of GEM stock, go to TipRanks’ Stock Analysis page.