Ariadne Australia Continues Share Buy-Back

Ariadne Australia Limited (AU:ARA) has released an update.

Ariadne Australia Limited has provided an update on its ongoing stock buy-back program, announcing the acquisition of an additional 162 ordinary fully paid shares on the previous day, bringing the total number of securities bought back to 647,444. The announcement made on May 16, 2024, follows the company’s commitment to repurchase its shares from the market, a move that can indicate a strategy to enhance shareholder value.

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