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Kip McGrath Education Centres Limited ( (AU:KME) ) has shared an announcement.
Kip McGrath Education Centres Limited has announced an update regarding its ongoing buy-back program, which involves the repurchase of its ordinary fully paid securities on the market. The latest notification reveals that the company bought back 37,001 securities on the previous day, adding to the total of 38,616 securities repurchased before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 operates in the education industry, providing tutoring services primarily focused on helping students improve their academic performance. The company is known for its personalized education programs and has a significant presence in the tutoring market.
Average Trading Volume: 39,361
Technical Sentiment Signal: Buy
Current Market Cap: A$33.01M
For a thorough assessment of KME stock, go to TipRanks’ Stock Analysis page.