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GTN — Gtn News Story

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Australia's GTN gains most in two months on FY27 forecast

BUZZ-Australia's GTN gains most in two months on FY27 forecast

** Shares of Australia's GTN GTN.AX rise as much as 14.3% to A$0.2, post biggest intraday pct gain since April 22

** Stock touches highest point since June 3

** Advertising platform provider expects FY27 adjusted operating earnings between A$15 million and A$20 million ($10.34 million-$13.79 million)

** FY27 forecast up from FY26 adjusted operating earnings expectation of between A$8 million and A$10 million

** Co says its board currently intends to distribute 100% of net profit after tax to shareholders in FY27

($1 = 1.4507 Australian dollars)


(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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