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The latest update is out from G8 Education Limited ( (AU:GEM) ).
G8 Education Limited has announced an update on its ongoing share buy-back program, with a total of 3,210,310 securities bought back before the previous day and an additional 117,091 securities on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, which could positively impact its market positioning and stakeholder confidence.
The most recent analyst rating on (AU:GEM) stock is a Hold with a A$0.90 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 on providing early childhood education services. The company is known for its network of childcare centers across Australia, catering to the educational needs of young children.
Average Trading Volume: 4,453,371
Technical Sentiment Signal: Sell
Current Market Cap: A$636.5M
For detailed information about GEM stock, go to TipRanks’ Stock Analysis page.