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G8 Education Limited ( (AU:GEM) ) has issued an announcement.
G8 Education Limited has announced an update on its ongoing share buy-back program, reporting the repurchase of 248,862 ordinary fully paid securities on the previous day, bringing the total number of shares bought back to over 10.3 million. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach in managing its financial resources.
The most recent analyst rating on (AU:GEM) stock is a Hold with a A$0.80 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 known for its network of childcare and early learning centers across Australia, catering to the needs of families seeking quality educational services for young children.
Average Trading Volume: 4,957,679
Technical Sentiment Signal: Sell
Current Market Cap: A$547.8M
Learn more about GEM stock on TipRanks’ Stock Analysis page.