- CEO
- Pejman Okhovat
- Full Time Employees
- 7,099
- Sector
- Consumer Defensive
- Industry
- Education & Training Services
- Address
- 159 Varsity Parade Varsity Lakes QLD Australia 4227
- IPO Date
- Dec 4, 2007
- Business
- G8 Education Limited (ASX:GEM) operates as one of Australia's leading providers of early childhood education and care services, owning and managing approximately 399 centers across the country that serve more than 36,000 children. The company delivers its core offerings through 21 trusted brands, including Buggles, Community Kids, Casa Bambini, Creative Garden, First Grammar, Great Beginnings, Green Wood, Head Start, Kool Kids, Kindy Patch Kids, Jelly Beans, Pelicans, Kinder Haven, Nurture One, World of Learning, The Learning Sanctuary, Sand Castles, Bambinos, Pelican Childcare, Penguin Childcare and Early Learning Services; it also provides disability support services, such as specialist early intervention and allied health support, under the Leor brand. These centers focus on high-quality early learning, kindergarten and preschool programs, emphasizing innovative, evidence-based teaching methods, child safety protocols and family partnerships to foster lifelong development. Founded in 2006 and headquartered in Varsity Lakes, Queensland, G8 Education targets Australian families with working parents, operating exclusively within Australia and employing around 10,000 team members.
In recent strategic developments, G8 Education continues its on-market share buyback program, launched in September 2024, authorizing the repurchase of up to 40.5 million shares (approximately 5% of issued capital) and nearing completion as of May 2025 with nearly 35 million shares acquired; the company announced a further buyback of up to 5% starting mid-September 2025 alongside a fully franked interim dividend of 2 cents per share for the half-year ended June 2025. The company advanced its network optimization efforts in 2024 and 2025 by divesting 18 underperforming centers, surrendering 19 leases and opening three new locations through December 2024, with four additional divestments and three lease surrenders in the first half of 2025. Other key initiatives include accelerated rollout of CCTV across centers, strategic partnerships with external experts for child safety training, implementation of a new payroll system and sustained investments in professional development through university collaborations. These actions support improved operational metrics, such as 94% of centers rated as meeting or exceeding National Quality Standards and enhanced employee retention.