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Kogan.com Ltd. ( (AU:KGN) ) has shared an announcement.
Kogan.com Ltd. has announced an update regarding its ongoing on-market buy-back program, reporting the purchase of 17,550 ordinary fully paid securities on the previous day, adding to a total of 9,102,392 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Kogan.com Ltd.
Kogan.com Ltd. is an e-commerce company that operates in the retail industry, primarily focusing on online sales of a wide range of products including electronics, appliances, and home goods. The company is known for its competitive pricing and extensive product offerings, catering to a broad market of online consumers.
YTD Price Performance: 1.14%
Technical Sentiment Signal: Hold
Current Market Cap: $276.8M
Find detailed analytics on KGN stock on TipRanks’ Stock Analysis page.