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Kip McGrath Education Centres Limited ( (AU:KME) ) has provided an update.
Kip McGrath Education Centres Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest notification, the company has repurchased a total of 1,135,485 securities, with 33,334 bought back 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.
The most recent analyst rating on (AU:KME) stock is a Hold 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 learning programs and has a significant presence in the market for educational support services.
Average Trading Volume: 150,617
Technical Sentiment Signal: Hold
Current Market Cap: A$31.95M
For a thorough assessment of KME stock, go to TipRanks’ Stock Analysis page.