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Aristocrat Leisure ( (AU:ALL) ) just unveiled an announcement.
Aristocrat Leisure Limited announced an update on its ongoing on-market buy-back program, revealing that a total of 131,138 ordinary fully paid securities were bought back on the previous day, adding to the 785,269 securities already acquired. This buy-back initiative reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value, signaling confidence in its financial health and future prospects.
The most recent analyst rating on (AU:ALL) stock is a Buy with a A$55.00 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 operates in the gaming industry, primarily focusing on developing and manufacturing gaming machines and casino management systems. The company is known for its innovative products and services that cater to both land-based and online gaming markets.
Average Trading Volume: 1,620,193
Technical Sentiment Signal: Buy
Current Market Cap: A$39.12B
See more insights into ALL stock on TipRanks’ Stock Analysis page.