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An announcement from Aristocrat Leisure ( (AU:ALL) ) is now available.
Aristocrat Leisure Limited announced an update on its ongoing share buy-back program, detailing the acquisition of 112,952 ordinary fully paid securities on the previous day, adding to a total of 6,324,243 securities bought back to date. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources and market positioning.
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, focusing on the development and distribution of gaming content and technology. The company is known for its gaming machines and casino management systems, serving a global market with a strong presence in digital and land-based gaming sectors.
Average Trading Volume: 1,300,011
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$43.27B
See more data about ALL stock on TipRanks’ Stock Analysis page.