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BlueBet Holdings Ltd. ( (AU:BBT) ) just unveiled an update.
betr Entertainment Limited has successfully completed a selective buy-back of its fully paid ordinary shares at a fixed price of $0.32 per share, amounting to 10.87% of its issued share capital. The buy-back, which will result in the cancellation of the shares, reflects the company’s strategic financial management and could impact shareholder value positively by potentially increasing earnings per share.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 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 digital wagering operator listed on the Australian Securities Exchange, focusing on the Australian wagering market. The company is led by a world-class board and management team with prominent figures in the Australian wagering industry.
Average Trading Volume: 540,269
Technical Sentiment Signal: Sell
Current Market Cap: A$280.2M
Learn more about BBT stock on TipRanks’ Stock Analysis page.