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The latest announcement is out from Ariadne Australia Limited ( (AU:ARA) ).
Ariadne Australia Limited has announced an update regarding its ongoing on-market buy-back program. The company has repurchased a total of 1,775,182 ordinary fully paid securities before the previous day and an additional 25,000 securities on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ARA) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ariadne Australia Limited stock, see the AU:ARA Stock Forecast page.
More about Ariadne Australia Limited
Average Trading Volume: 51,712
Technical Sentiment Signal: Sell
Current Market Cap: A$97.29M
For detailed information about ARA stock, go to TipRanks’ Stock Analysis page.