Jumbo Interactive Limited ( (AU:JIN) ) has issued an update.
Jumbo Interactive Limited has announced an update regarding its ongoing share buy-back program. The company has repurchased a total of 849,044 shares prior to the previous day and an additional 8,560 shares on the previous day. This buy-back initiative is part of Jumbo Interactive’s strategy to optimize its capital structure and enhance shareholder value, reflecting its confidence in the company’s 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 seamless lottery experience to its customers through its online platforms, targeting both domestic and international markets.
YTD Price Performance: -32.14%
Average Trading Volume: 485
Technical Sentiment Signal: Strong Buy
Current Market Cap: €350.8M
For a thorough assessment of JIN stock, go to TipRanks’ Stock Analysis page.