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GTN Ltd. Announces Cessation of Securities

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GTN Ltd. Announces Cessation of Securities

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GTN Ltd. ( (AU:GTN) ) just unveiled an update.

GTN Ltd. announced the cessation of 1,184,847 ordinary fully paid securities due to an on-market buy-back, effective May 21, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and investor relations by reducing the number of shares in circulation.

The most recent analyst rating on (AU:GTN) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on GTN Ltd. stock, see the AU:GTN Stock Forecast page.

More about GTN Ltd.

GTN Ltd. operates in the media industry, focusing on providing advertising services through its radio and television networks. The company is known for its market focus on delivering traffic information and advertising solutions.

Average Trading Volume: 132,804

Technical Sentiment Signal: Buy

Current Market Cap: A$117.3M

See more insights into GTN stock on TipRanks’ Stock Analysis page.

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