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The latest update is out from G8 Education Limited ( (AU:GEM) ).
G8 Education Limited has announced an update regarding its ongoing buy-back of ordinary fully paid securities, with a total of 142,559 securities bought back on the previous day. This buy-back initiative, which began on August 22, 2024, is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially leading to an increase in earnings per share and share price.
More about G8 Education Limited
G8 Education Limited operates within the childcare and early education industry, providing a range of educational services and facilities for young children. The company is listed on the Australian Securities Exchange under the code GEM and focuses on delivering high-quality early learning experiences.
YTD Price Performance: 2.68%
Average Trading Volume: 1,007,706
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.08B
For detailed information about GEM stock, go to TipRanks’ Stock Analysis page.