tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jumbo Interactive Cuts Share Count Through Buy-Back and Lapse of Performance Rights

Story Highlights
  • Jumbo Interactive cancelled 38,641 ordinary shares after completing an on-market buy-back.
  • A further 2,409 performance rights lapsed as vesting conditions were not met, trimming potential dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jumbo Interactive Cuts Share Count Through Buy-Back and Lapse of Performance Rights

Claim 70% Off TipRanks Premium

Jumbo Interactive Limited ( (AU:JIN) ) has provided an update.

Jumbo Interactive Limited has updated the market on changes to its issued capital, confirming the cessation of 38,641 ordinary fully paid shares following cancellation under an on-market buy-back completed on 31 December 2025. In addition, 2,409 performance rights lapsed on the same date after the conditions attached to those rights were not met or became incapable of being satisfied, signalling a modest reduction in both the company’s share count and outstanding equity-based incentives, which may marginally impact capital structure and future dilution for shareholders.

The most recent analyst rating on (AU:JIN) stock is a Buy with a A$16.80 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 is an Australian-listed company (ASX: JIN) operating in the digital lotteries and gaming sector, providing online lottery services and related technology platforms primarily to retail customers and lottery operators.

Average Trading Volume: 277,113

Technical Sentiment Signal: Sell

Current Market Cap: A$703.4M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1