ASX:GYGHospitality
Guzman y Gomez (ASX:GYG): Assessing Valuation After $100 Million Buyback and Expansion Strategy
Guzman y Gomez (ASX:GYG) has launched a A$100 million share buyback program. This move sends a clear signal of management’s confidence in the company’s valuation and outlook while reaffirming its growth strategy.
See our latest analysis for Guzman y Gomez.
GYG’s recent buyback announcement comes after steady expansion plans, including new restaurant rollouts across Australia, and a reaffirmed outlook for earnings. After an initial lift following the buyback news, the 1-month share price...