G8 Education Shares Hit Lowest Since August 2020 After Sexual Assault Charges Against Former Employee

MT Newswires Live

2025/07/04

G8 Education's (ASX:GEM) shares hit their lowest since August 2020 on Friday, weighed down by the company's Wednesday announcement about sexual assault charges against a former employee.

The company's shares were down nearly 6% in recent Friday trade.

The Australian government is planning to cut funding from childcare centers that do not satisfy safety norms after recent cases of child sex abuse in the country, Reuters reported on Tuesday.

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