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Aristocrat Leisure ( (AU:ALL) ) has issued an update.
Aristocrat Leisure Limited has provided an update on its on-market share buy-back program, confirming that it repurchased 402,748 ordinary fully paid shares on the previous trading day, bringing the total number of shares bought back under the current program to 10,265,524. The continued daily execution of this buy-back signals ongoing capital management aimed at optimising the company’s balance sheet and capital structure, which may support earnings per share and reflects management’s confidence in the company’s long-term value for shareholders.
The most recent analyst rating on (AU:ALL) stock is a Hold with a A$64.00 price target. To see the full list of analyst forecasts on Aristocrat Leisure stock, see the AU:ALL Stock Forecast page.
More about Aristocrat Leisure
Aristocrat Leisure Limited is a global gaming and entertainment company listed on the ASX, best known for manufacturing gaming machines and developing digital gaming content for casinos and online platforms. The group focuses on regulated gambling markets and digital real-money and social gaming, serving operators worldwide with a broad portfolio of gaming technology and content.
YTD Price Performance: -14.51%
Average Trading Volume: 1,346,177
Technical Sentiment Signal: Hold
Current Market Cap: A$35.39B
See more data about ALL stock on TipRanks’ Stock Analysis page.