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An update from Kogan.com ( (AU:KGN) ) is now available.
Kogan.com has announced an update regarding its ongoing on-market buy-back program, with a total of 60,045 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 9,863,737 securities repurchased. This buy-back initiative is part of Kogan.com’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial operations and maintaining a competitive position in the e-commerce sector.
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 an e-commerce company that operates in the online retail industry, offering a wide range of products including electronics, home appliances, and other consumer goods. The company focuses on providing affordable products to a broad market through its digital platform.
Average Trading Volume: 577,842
Technical Sentiment Signal: Sell
Current Market Cap: A$336.8M
See more insights into KGN stock on TipRanks’ Stock Analysis page.