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Kip McGrath Announces Strategic Share Buy-Back Program

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Kip McGrath Announces Strategic Share Buy-Back Program

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Kip McGrath Education Centres Limited ( (AU:KME) ) has shared an update.

Kip McGrath Education Centres Limited announced a share buy-back program, intending to repurchase up to 10% of its ordinary shares on the market. This initiative, aimed at enhancing shareholder value, will run for a year starting September 2025, with the company maintaining flexibility in execution based on market conditions and financial considerations.

The most recent analyst rating on (AU:KME) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Kip McGrath Education Centres Limited stock, see the AU:KME Stock Forecast page.

More about Kip McGrath Education Centres Limited

Kip McGrath Education Centres Limited has been providing tutoring services since 1976, focusing on improving literacy and numeracy skills for primary and secondary children. The company operates both corporate centers and franchises globally, employing qualified teachers who use proven methods and techniques both online and in-person across over 450 locations worldwide.

Average Trading Volume: 73,806

Technical Sentiment Signal: Buy

Current Market Cap: A$34.14M

See more data about KME stock on TipRanks’ Stock Analysis page.

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