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G8 Education Limited ( (AU:GEM) ) has shared an announcement.
G8 Education Limited has announced an update on its ongoing on-market buy-back program, reporting the buy-back of 79,590 ordinary fully paid securities on the previous day. This move is part of a broader strategy to manage the company’s capital structure, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.
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 listed on the Australian Securities Exchange under the code GEM.
Average Trading Volume: 5,023,394
Technical Sentiment Signal: Sell
Current Market Cap: A$543.9M
See more insights into GEM stock on TipRanks’ Stock Analysis page.