Jumbo Interactive Limited ( (AU:JIN) ) has issued an update.
Jumbo Interactive Limited has announced an update regarding its ongoing on-market buy-back program, where the company repurchased 7,500 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 753,160. This buy-back initiative is part of Jumbo’s strategy to manage its capital structure and potentially enhance shareholder value, signaling confidence in the company’s financial health and future prospects.
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 and managing lottery operations, primarily targeting markets in Australia and other regions.
YTD Price Performance: -25.91%
Average Trading Volume: 558
Technical Sentiment Signal: Buy
Current Market Cap: €380.7M
For detailed information about JIN stock, go to TipRanks’ Stock Analysis page.