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Kogan.com ( (AU:KGN) ) has provided an update.
Kogan.com has announced an update on its ongoing share buy-back program, with a total of 10,045,761 securities bought back before the previous day and an additional 61,118 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its confidence in the business’s long-term prospects.
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 offering a wide range of consumer electronics, home appliances, and other retail products. The company focuses on providing competitively priced goods to consumers, leveraging its online platform to reach a broad market.
YTD Price Performance: -46.05%
Average Trading Volume: 575,871
Technical Sentiment Signal: Sell
Current Market Cap: A$323.8M
For detailed information about KGN stock, go to TipRanks’ Stock Analysis page.