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Guzman y Gomez Updates on Market Buy-Back Program

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Guzman y Gomez Updates on Market Buy-Back Program

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Guzman y Gomez Ltd. ( (AU:GYG) ) just unveiled an update.

Guzman y Gomez Ltd. has announced an update on its ongoing on-market buy-back program, with a total of 710,674 securities bought back before the previous day and an additional 178,316 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial health.

The most recent analyst rating on (AU:GYG) stock is a Sell with a A$21.05 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. The company is known for its focus on providing authentic Mexican food experiences and has a significant presence in the fast-casual dining market.

Average Trading Volume: 491,246

Technical Sentiment Signal: Sell

Current Market Cap: A$2.26B

Find detailed analytics on GYG stock on TipRanks’ Stock Analysis page.

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