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Ardent Leisure Group Ltd ( (AU:CEH) ) just unveiled an announcement.
Coast Entertainment Holdings Limited announced the cessation of 34,190,052 ordinary fully paid securities due to an on-market buy-back, effective July 8, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning by reducing the number of shares available in the market, which could influence shareholder value and market perception.
The most recent analyst rating on (AU:CEH) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Ardent Leisure Group Ltd stock, see the AU:CEH Stock Forecast page.
More about Ardent Leisure Group Ltd
Coast Entertainment Holdings Limited operates in the entertainment industry, focusing on providing leisure and entertainment services. The company is listed on the Australian Securities Exchange (ASX) under the issuer code CEH.
Average Trading Volume: 712,473
Technical Sentiment Signal: Sell
Current Market Cap: A$170.5M
For a thorough assessment of CEH stock, go to TipRanks’ Stock Analysis page.