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G8 Education Limited ( (AU:GEM) ) has shared an update.
G8 Education Limited has announced an update regarding its ongoing share buy-back program, revealing that a total of 37,794,498 securities have been bought back prior to the previous day, with an additional 152,881 securities acquired on the previous 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 Buy with a A$1.51 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 and care services. The company is known for its network of childcare centers across Australia, catering to the developmental needs of young children.
Average Trading Volume: 1,672,960
Technical Sentiment Signal: Sell
Current Market Cap: A$975.5M
For an in-depth examination of GEM stock, go to TipRanks’ Stock Analysis page.