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Kogan.com ( (AU:KGN) ) has provided an update.
Kogan.com has announced an update regarding its ongoing share buy-back program, revealing the acquisition of an additional 5,487 shares, bringing the total number of shares bought back to over 9.1 million. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a commitment to returning capital to shareholders and potentially improving its stock market performance.
More about Kogan.com
Kogan.com is an Australian e-commerce company that operates in the online retail industry. It primarily offers a wide range of consumer goods, including electronics, home appliances, and lifestyle products, focusing on providing competitive prices and a broad selection to its market.
YTD Price Performance: 1.14%
Technical Sentiment Signal: Hold
Current Market Cap: $288M
Find detailed analytics on KGN stock on TipRanks’ Stock Analysis page.