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Kogan.com ( (AU:KGN) ) just unveiled an announcement.
Kogan.com has announced an update regarding its ongoing on-market buy-back program, with a total of 60,612 ordinary fully paid securities bought back on the previous day, bringing the total number of securities bought back to 9,923,782. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
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 player in the e-commerce industry, primarily focusing on online retail and consumer electronics. The company is known for offering a wide range of products, including electronics, home appliances, and lifestyle goods, catering to a broad market segment.
Average Trading Volume: 576,249
Technical Sentiment Signal: Sell
Current Market Cap: A$337.8M
Learn more about KGN stock on TipRanks’ Stock Analysis page.