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Jumbo Interactive Updates on Share Buy-Back Progress

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Jumbo Interactive Updates on Share Buy-Back Progress

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

Jumbo Interactive Limited has announced an update on its ongoing share buy-back program. As of the latest announcement, the company has repurchased a total of 792,205 ordinary fully paid securities, with an additional 5,125 bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize 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 of lottery enthusiasts.

YTD Price Performance: -22.17%

Average Trading Volume: 608

Technical Sentiment Signal: Buy

Current Market Cap: €380.4M

For a thorough assessment of JIN stock, go to TipRanks’ Stock Analysis page.

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