Kogan.com Ltd. (AU:KGN) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Kogan.com Ltd. has announced the continuation of its on-market share buy-back program, with a recent purchase of 16,116 shares, bringing the total number of shares bought back to over 8.2 million. This move signals the company’s effort to enhance shareholder value by reducing the number of outstanding shares. Investors in the stock market may find this strategy indicative of Kogan.com’s confidence in its future performance.
For further insights into AU:KGN stock, check out TipRanks’ Stock Analysis page.