Jumbo Interactive Limited ( (AU:JIN) ) has provided an update.
Jumbo Interactive Limited announced an update on its ongoing share buy-back program, revealing that a total of 797,330 ordinary fully paid securities have been bought back before the previous day, with an additional 4,700 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach in its financial management.
More about Jumbo Interactive Limited
Jumbo Interactive Limited operates in the online lottery industry, providing digital lottery services and products. The company focuses on offering a platform for purchasing lottery tickets and related services, catering to a wide market of lottery enthusiasts.
YTD Price Performance: -22.17%
Average Trading Volume: 608
Technical Sentiment Signal: Strong Buy
Current Market Cap: €384.2M
For a thorough assessment of JIN stock, go to TipRanks’ Stock Analysis page.