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Guzman y Gomez Ltd. ( (AU:GYG) ) has provided an update.
Guzman y Gomez Ltd. has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, with a total of 54,875 securities bought back on the previous day, adding to the 108,505 securities already repurchased. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and demonstrating confidence in its financial health.
The most recent analyst rating on (AU:GYG) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Guzman y Gomez Ltd. stock, see the AU:GYG Stock Forecast page.
More about Guzman y Gomez Ltd.
Guzman y Gomez Ltd. operates in the food and beverage industry, primarily offering Mexican cuisine through its chain of restaurants. The company focuses on providing high-quality, authentic Mexican food and has established a strong market presence in the fast-casual dining sector.
Average Trading Volume: 489,404
Technical Sentiment Signal: Sell
Current Market Cap: A$2.71B
For an in-depth examination of GYG stock, go to TipRanks’ Overview page.