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Ariadne Australia Limited ( (AU:ARA) ) has issued an update.
Ariadne Australia Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest update, the company has repurchased a total of 1,608,876 securities, with 799 securities bought back on the previous day. This buy-back initiative reflects the company’s strategic efforts 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: 54,254
Technical Sentiment Signal: Buy
Current Market Cap: A$97.41M
For detailed information about ARA stock, go to TipRanks’ Stock Analysis page.