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Aristocrat Leisure ( (AU:ALL) ) has shared an announcement.
Aristocrat Leisure Limited announced an update on its ongoing on-market share buy-back program, detailing the acquisition of 155,959 ordinary fully paid securities on the previous day, adding to a total of 8,295,850 securities bought back before that 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 its financial position and future prospects.
The most recent analyst rating on (AU:ALL) stock is a Buy with a A$71.00 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, focusing on the development and provision of gaming technology and services. The company is known for its gaming machines and digital social games, catering to both land-based and online gaming markets.
Average Trading Volume: 1,111,932
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$42.25B
See more insights into ALL stock on TipRanks’ Stock Analysis page.