Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Nido Education Limited ( (AU:NDO) ).
Nido Education Limited, an ASX-listed education company trading under the code NDO, has been actively managing its capital structure via an on-market buy-back of its ordinary fully paid shares. The business is focused on its listed equity base as it adjusts its share count through daily market operations.
The company has disclosed an updated notification of its ongoing on-market share buy-back program, reporting that a total of 1,106,587 shares had been bought back before the previous day and a further 8,359 shares were repurchased on the prior trading day. This continued daily buy-back activity signals an effort to optimise the company’s capital management, which can affect earnings per share and shareholder value over time.
The most recent analyst rating on (AU:NDO) stock is a Hold with a A$0.53 price target. To see the full list of analyst forecasts on Nido Education Limited stock, see the AU:NDO Stock Forecast page.
More about Nido Education Limited
Nido Education Limited operates in the education sector and is listed on the ASX under the code NDO. The company’s primary securities are ordinary fully paid shares, and it is engaged in activities consistent with listed education providers seeking to manage their capital structure through market transactions.
Average Trading Volume: 263,954
Technical Sentiment Signal: Sell
Current Market Cap: A$102.2M
For an in-depth examination of NDO stock, go to TipRanks’ Overview page.