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G8 Education Limited ( (AU:GEM) ) has shared an update.
G8 Education Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, with a total of 223,268 securities bought back on the previous day, adding to a cumulative total of 6,832,184 securities repurchased. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:GEM) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on G8 Education Limited stock, see the AU:GEM Stock Forecast page.
More about G8 Education Limited
G8 Education Limited operates in the education sector, focusing primarily on providing early childhood education services. The company is known for its network of childcare centers across Australia, catering to the needs of young children and their families.
Average Trading Volume: 4,067,236
Technical Sentiment Signal: Sell
Current Market Cap: A$640.4M
Learn more about GEM stock on TipRanks’ Stock Analysis page.