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Jumbo Interactive Limited ( (AU:JIN) ) has shared an announcement.
Jumbo Interactive Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 886,166 securities have been bought back before the previous day, with an additional 4,730 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial operations and maintaining a strong market position.
More about Jumbo Interactive Limited
Jumbo Interactive Limited operates in the online lottery industry, providing digital lottery services and products. The company focuses on offering a platform for purchasing lottery tickets and managing lottery operations, primarily targeting markets where online lottery sales are permitted.
YTD Price Performance: -33.37%
Average Trading Volume: 544
Technical Sentiment Signal: Buy
Current Market Cap: €344.8M
Learn more about JIN stock on TipRanks’ Stock Analysis page.
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