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G8 Education Limited ( (AU:GEM) ) has shared an update.
G8 Education Limited has announced an update on its ongoing share buy-back program, revealing that a total of 113,929 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 6,554,204 securities bought back to date. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, which could potentially impact its market positioning and stakeholder interests positively.
The most recent analyst rating on (AU:GEM) stock is a Hold with a A$0.92 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 listed on the Australian Securities Exchange under the code GEM and is known for managing a network of childcare centers across Australia.
Average Trading Volume: 4,058,454
Technical Sentiment Signal: Sell
Current Market Cap: A$621.1M
Find detailed analytics on GEM stock on TipRanks’ Stock Analysis page.