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Nido Education Limited Announces Cessation of Securities

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Nido Education Limited Announces Cessation of Securities

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The latest announcement is out from Nido Education Limited ( (AU:NDO) ).

Nido Education Limited announced the cessation of certain securities, including 572,986 ordinary fully paid shares due to an on-market buy-back and 25,414 options that lapsed because the conditions were not met. This move could impact the company’s capital structure and potentially influence its market positioning by reducing the number of outstanding shares.

The most recent analyst rating on (AU:NDO) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Nido Education Limited stock, see the AU:NDO Stock Forecast page.

More about Nido Education Limited

Nido Education Limited operates in the education sector, focusing on providing educational services and products. The company is listed on the Australian Securities Exchange (ASX) under the code NDO.

Average Trading Volume: 172,280

Technical Sentiment Signal: Sell

Current Market Cap: A$147.9M

See more insights into NDO stock on TipRanks’ Stock Analysis page.

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