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Kogan.com ( (AU:KGN) ) just unveiled an update.
Kogan.com has provided an updated daily notification to the ASX on its ongoing on-market share buy-back, confirming that a total of 10,879,073 ordinary fully paid shares have been repurchased to date, with 38,129 shares bought back on the previous trading day. The continued execution of the buy-back program, first notified in April 2023, signals the company’s ongoing capital management efforts and may support earnings per share and shareholder value by reducing the number of shares on issue.
The most recent analyst rating on (AU:KGN) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Kogan.com stock, see the AU:KGN Stock Forecast page.
More about Kogan.com
Kogan.com Ltd is an Australian online retailer listed on the ASX, focused on selling consumer electronics, homewares and a wide range of general merchandise through its e-commerce platform under the KGN ticker.
Average Trading Volume: 444,316
Technical Sentiment Signal: Hold
Current Market Cap: A$360.6M
For detailed information about KGN stock, go to TipRanks’ Stock Analysis page.