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Aristocrat Leisure ( (AU:ALL) ) has issued an announcement.
Aristocrat Leisure Limited has announced an update on its ongoing share buy-back program, revealing that a total of 5,860,420 securities have been bought back before the previous day, with an additional 110,179 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its confidence in the business’s future prospects and financial health.
The most recent analyst rating on (AU:ALL) stock is a Buy with a A$79.30 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 the development and distribution of gaming content and technology. The company is known for its gaming machines and digital games, serving a global market with a strong presence in both land-based and online gaming sectors.
YTD Price Performance: 7.13%
Average Trading Volume: 1,320,729
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$45.02B
For detailed information about ALL stock, go to TipRanks’ Stock Analysis page.