Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Ariadne Australia Limited ( (AU:ARA) ) has provided an announcement.
Ariadne Australia Limited has announced an update regarding its ongoing on-market buy-back program. The company has bought back a total of 2,094,600 ordinary fully paid securities, with 4,000 purchased on the previous day. This buy-back initiative may influence the company’s share value and market positioning by potentially increasing shareholder value and optimizing capital structure.
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: 51,400
Technical Sentiment Signal: Buy
Current Market Cap: A$97.12M
For detailed information about ARA stock, go to TipRanks’ Stock Analysis page.