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Why Is Kip McGrath Buying Back 10% of Its Shares in FY26?

11:25pm on Friday 29th of August, 2025 AEST Education
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Why Is Kip McGrath Buying Back 10% of Its Shares in FY26?

11:25pm on Friday 29th of August, 2025 AEST
Key Points
  • On-market buy-back of up to 5.69 million shares (10% of issued shares)
  • Buy-back to commence around 9 September 2025, lasting one year
  • Maximum buy-back price capped at 5% above recent volume weighted average price
  • Strong cash balance of $4.9 million and no debt underpin the program
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