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G8 Education Limited ( (AU:GEM) ) has provided an announcement.
G8 Education Limited has announced a daily update regarding its ongoing on-market share buy-back program, reporting the purchase of 326,455 of its fully paid ordinary shares on the previous day, bringing the total buy-back count to 13,328,746 shares. This initiative is part of the company’s efforts to optimize its capital structure and demonstrates its commitment to enhancing shareholder value, which may positively influence investor confidence and market positioning.
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 childcare and early education sector, providing services focused on early learning and development for children across Australia. The company is listed on the Australian Securities Exchange (ASX) under the code GEM, and it remains dedicated to offering quality educational experiences within a competitive and evolving market.
Average Trading Volume: 4,820,384
Technical Sentiment Signal: Sell
Current Market Cap: A$528.5M
Find detailed analytics on GEM stock on TipRanks’ Stock Analysis page.