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Jumbo Interactive Announces Cessation of Securities

Story Highlights
  • Jumbo Interactive operates in the online lottery industry, focusing on digital lottery services.
  • The company ceased 182,923 securities as part of a capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jumbo Interactive Announces Cessation of Securities

Jumbo Interactive Limited ( (AU:JIN) ) has issued an announcement.

Jumbo Interactive Limited has announced the cessation of 182,923 ordinary fully paid securities due to a minimum holding buy-back, effective March 31, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning by optimizing its share structure and enhancing shareholder value.

More about Jumbo Interactive Limited

Jumbo Interactive Limited operates in the online lottery industry, offering digital lottery services and products. The company focuses on providing a platform for purchasing lottery tickets and managing lottery-related services, catering primarily to the Australian market.

YTD Price Performance: -22.17%

Average Trading Volume: 608

Technical Sentiment Signal: Strong Buy

Current Market Cap: €384.2M

See more data about JIN stock on TipRanks’ Stock Analysis page.

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