Australia's Guzman y Gomez at more than 6-month high on share buyback

Guzman y Gomez

09/10/2025 01:07

** Guzman y Gomez GYG.AX soars as much as 26.2% to A$34.065; marks record intraday percent gain

** Stock hits highest since March 26

** Mexican-themed fast food chain announces A$100 mln ($65.8 mln) share buyback

** Posts Q1 sales of A$305.5 mln, a 17.4% y/y rise

** Expects to open 32 new restaurants - 20 franchised restaurants, 12 corporate restaurants - in Australia in FY26

** YTD, GYG falls 30.4%

($1 = A$1.5188)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))