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Aristocrat Leisure Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Aristocrat Leisure continues its on-market buy-back, repurchasing over 10 million shares.
  • The daily buy-back update highlights ongoing capital management aimed at enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aristocrat Leisure Updates Market on Progress of On-Market Share Buy-Back

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The latest announcement is out from Aristocrat Leisure ( (AU:ALL) ).

Aristocrat Leisure Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for ordinary fully paid shares, confirming that a total of 10,031,083 shares had been repurchased before the previous trading day, with an additional 234,441 shares bought back on the prior day. The latest daily disclosure underscores the company’s continued execution of its capital management strategy, which may support earnings per share accretion and signal confidence in its balance sheet and long-term growth prospects 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 an ASX-listed company in the gaming and entertainment industry, primarily known for developing, manufacturing and distributing gaming machines and digital gaming content for casinos and online platforms in global markets.

Average Trading Volume: 1,347,624

Technical Sentiment Signal: Sell

Current Market Cap: A$35.15B

For a thorough assessment of ALL stock, go to TipRanks’ Stock Analysis page.

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