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Ariadne Australia Limited ( (AU:ARA) ) has issued an announcement.
Ariadne Australia Limited has announced an update regarding its ongoing on-market buy-back program. The company reported buying back 1,627 ordinary fully paid securities on the previous day, adding to a total of 1,882,381 securities bought back before that day. This buy-back initiative is part of 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: 70,748
Technical Sentiment Signal: Buy
Current Market Cap: A$99.1M
For a thorough assessment of ARA stock, go to TipRanks’ Stock Analysis page.