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The latest update is out from Kogan.com ( (AU:KGN) ).
Kogan.com has announced an update regarding its ongoing share buy-back program, with a total of 9,231,011 securities bought back before the previous day and an additional 33,204 securities purchased on the previous day. This buy-back initiative is part of Kogan.com’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations and market positioning.
The most recent analyst rating on (AU:KGN) stock is a Hold with a A$3.30 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 company operating in the e-commerce industry, primarily offering a wide range of consumer goods and services online. The company focuses on providing competitive pricing and a broad selection of products to its customers, leveraging its digital platform to reach a wide market.
Average Trading Volume: 580,302
Technical Sentiment Signal: Sell
Current Market Cap: A$300.9M
See more insights into KGN stock on TipRanks’ Stock Analysis page.