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PointsBet Holdings ( (AU:PBH) ) has shared an update.
betr Entertainment Limited has announced strong shareholder support for its Selective Buy-Back Resolution, with over 75% backing from shareholders. This move is part of betr’s strategy to acquire PointsBet Holdings Limited, with the buy-back being open to eligible PointsBet shareholders. Additionally, betr has fulfilled all necessary Canadian regulatory approvals, clearing the path for the acquisition to proceed without further regulatory hurdles.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
More about PointsBet Holdings
betr Entertainment Limited is a digital wagering operator listed on the Australian Securities Exchange, focusing on the Australian wagering market. The company boasts a world-class board led by prominent industry figures Matthew Tripp and Michael Sullivan, supported by a highly experienced management team.
Average Trading Volume: 721,516
Technical Sentiment Signal: Buy
Current Market Cap: A$409.3M
For an in-depth examination of PBH stock, go to TipRanks’ Overview page.