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Jumbo Interactive Adjusts Capital Structure with Security Cessation

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Jumbo Interactive Adjusts Capital Structure with Security Cessation

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An update from Jumbo Interactive Limited ( (AU:JIN) ) is now available.

Jumbo Interactive Limited announced the cessation of certain securities, including 118,877 ordinary fully paid shares canceled through a minimum holding buy-back and 6,747 performance rights that lapsed due to unmet conditions. This move reflects the company’s ongoing efforts to manage its capital structure effectively, potentially impacting shareholder value and market perception.

The most recent analyst rating on (AU:JIN) stock is a Buy with a A$20.80 price target. To see the full list of analyst forecasts on Jumbo Interactive Limited stock, see the AU:JIN Stock Forecast page.

More about Jumbo Interactive Limited

Jumbo Interactive Limited operates in the online lottery industry, providing digital lottery services and products. The company focuses on leveraging technology to enhance the lottery experience for consumers and partners, positioning itself as a leader in the digital transformation of lottery services.

Average Trading Volume: 300,282

Technical Sentiment Signal: Sell

Current Market Cap: A$625M

Learn more about JIN stock on TipRanks’ Stock Analysis page.

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