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
The latest update is out from Ariadne Australia Limited ( (AU:ARA) ).
Ariadne Australia Limited has announced an update regarding its ongoing share buy-back program. The company reported that a total of 2,094,600 securities have been bought back before the previous day, with an additional 4,000 securities acquired on the previous 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: 50,496
Technical Sentiment Signal: Buy
Current Market Cap: A$97.12M
See more insights into ARA stock on TipRanks’ Stock Analysis page.