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An announcement from G8 Education Limited ( (AU:GEM) ) is now available.
G8 Education Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 194,122 ordinary fully paid securities on the previous day, bringing the total to 6,360,082 securities bought back to date. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a commitment to returning capital to shareholders and reinforcing its market position.
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 industry, focusing on providing early childhood education services. It is known for its network of childcare centers across Australia, catering to families seeking quality early learning and care for their children.
Average Trading Volume: 4,046,963
Technical Sentiment Signal: Sell
Current Market Cap: A$636.5M
For detailed information about GEM stock, go to TipRanks’ Stock Analysis page.