Jumbo Interactive Limited ( (AU:JIN) ) just unveiled an announcement.
Jumbo Interactive Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 779,505 ordinary fully paid securities, including 7,000 bought back on the previous day. This buy-back initiative is part of Jumbo Interactive’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Jumbo Interactive Limited
Jumbo Interactive Limited operates in the online lottery industry, providing digital lottery services and solutions. The company focuses on offering a platform for purchasing lottery tickets online, catering to a broad market seeking convenient access to lottery games.
YTD Price Performance: -23.41%
Average Trading Volume: 620
Technical Sentiment Signal: Buy
Current Market Cap: €392.2M
For a thorough assessment of JIN stock, go to TipRanks’ Stock Analysis page.