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Nido Education Limited Announces Cessation of Securities

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Nido Education Limited Announces Cessation of Securities

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The latest announcement is out from Nido Education Limited ( (AU:NDO) ).

Nido Education Limited announced the cessation of certain securities, including the cancellation of 236,353 ordinary fully paid shares through an on-market buy-back and the lapse of 173,481 options due to unmet conditions. This move reflects the company’s ongoing capital management strategy, potentially impacting its market position and signaling a focus on optimizing shareholder value.

The most recent analyst rating on (AU:NDO) stock is a Buy with a A$1.25 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, focusing on providing educational services and products. The company is listed on the Australian Securities Exchange (ASX) under the code NDO.

Average Trading Volume: 71,899

Technical Sentiment Signal: Sell

Current Market Cap: A$175.6M

Find detailed analytics on NDO stock on TipRanks’ Stock Analysis page.

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