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Kogan.com ( (AU:KGN) ) has issued an announcement.
Kogan.com has announced an update on its ongoing on-market buy-back program for its ordinary fully paid securities. The latest notification confirms the buy-back of 61,933 shares on the previous day, adding to a cumulative total of over 10.16 million shares repurchased. This initiative reflects the company’s focus on optimizing shareholder value and managing its capital structure effectively, showcasing its commitment to efficiently address investor interests in a competitive retail environment.
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 is a prominent online retail company known for offering a wide range of consumer products and services, catering primarily to the e-commerce market segment.
Average Trading Volume: 567,687
Technical Sentiment Signal: Sell
Current Market Cap: A$322.8M
For detailed information about KGN stock, go to TipRanks’ Stock Analysis page.