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Aristocrat Leisure ( (AU:ALL) ) just unveiled an announcement.
Aristocrat Leisure Limited has announced an update on its ongoing share buy-back program, revealing that a total of 155,864 ordinary fully paid securities were bought back on the previous day, adding to the 7,874,414 securities already repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its robust financial position and commitment to returning capital to shareholders.
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 production of gaming machines and casino management systems. The company is known for its innovative gaming solutions and has a significant presence in both land-based and online gaming markets.
YTD Price Performance: 1.10%
Average Trading Volume: 1,137,654
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$42.39B
See more data about ALL stock on TipRanks’ Stock Analysis page.