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G8 Education Limited ( (AU:GEM) ) just unveiled an announcement.
G8 Education Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 165,314 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 7,763,962 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:GEM) stock is a Hold with a A$1.00 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, primarily focusing on providing early childhood education and care services. The company is listed on the Australian Securities Exchange under the code GEM and is known for its commitment to quality education and care for children.
Average Trading Volume: 3,976,857
Technical Sentiment Signal: Sell
Current Market Cap: A$621.1M
See more data about GEM stock on TipRanks’ Stock Analysis page.