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Kogan.com ( (AU:KGN) ) just unveiled an announcement.
Kogan.com has announced an update regarding its ongoing share buy-back program, with a total of 9,303,843 securities bought back before the previous day and an additional 29,588 securities purchased on the previous day. This strategic move is part of Kogan.com’s efforts to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.
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 an online retail company that operates in the e-commerce industry, primarily offering a wide range of consumer goods and services. The company focuses on providing competitive pricing and a diverse product selection to cater to a broad market audience.
Average Trading Volume: 570,212
Technical Sentiment Signal: Sell
Current Market Cap: A$312.8M
Learn more about KGN stock on TipRanks’ Stock Analysis page.