Kogan.com Ltd. (AU:KGN) has released an update.
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Kogan.com Ltd. has announced a daily update on its ongoing on-market buy-back plan, with 16,428 ordinary fully paid securities bought back on the previous day, contributing to a total of over 8 million securities repurchased so far. This move is likely to interest investors keeping an eye on stock buy-back strategies, as it reflects the company’s efforts to manage its capital structure and potentially increase shareholder value.
For further insights into AU:KGN stock, check out TipRanks’ Stock Analysis page.
