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betr Entertainment Calls for Shareholder Vote on Selective Buy-Back

Story Highlights
  • betr Entertainment is holding a meeting for shareholder approval on a selective buy-back.
  • The board supports the buy-back, deeming it beneficial for shareholders and not harmful to creditors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
betr Entertainment Calls for Shareholder Vote on Selective Buy-Back

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BlueBet Holdings Ltd. ( (AU:BBT) ) has issued an update.

betr Entertainment Limited has announced an extraordinary general meeting to seek shareholder approval for a selective buy-back of shares. The board unanimously supports this resolution, believing it to be in the best interests of shareholders and not detrimental to the company’s ability to pay creditors. Shareholders are encouraged to read the notice of meeting thoroughly and participate in the vote, as the outcome will impact their shareholdings.

The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.

More about BlueBet Holdings Ltd.

betr Entertainment Limited is a pure-play digital wagering operator listed on the Australian Securities Exchange, focusing solely on the Australian wagering market. The company is led by a world-class board and management team with prominent figures from the Australian wagering industry.

Average Trading Volume: 781,071

Technical Sentiment Signal: Sell

Current Market Cap: A$307.7M

For an in-depth examination of BBT stock, go to TipRanks’ Overview page.

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