TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
G8 Education Limited ( (AU:GEM) ) has provided an update.
G8 Education Limited has announced an update on its ongoing share buy-back program, revealing that a total of 165,286 ordinary fully paid securities were bought back on the previous day, adding to the 10,949,663 securities bought back before that. 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 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: 4,971,607
Technical Sentiment Signal: Sell
Current Market Cap: A$559.4M
For detailed information about GEM stock, go to TipRanks’ Stock Analysis page.