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The latest announcement is out from Ardent Leisure Group Ltd ( (AU:CEH) ).
Coast Entertainment Holdings Limited has announced the finalization of its on-market buy-back program, involving the repurchase of 43,173,541 ordinary fully paid securities for a total consideration of AUD 17,668,470.29. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its ongoing commitment to optimizing financial performance and market positioning.
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
Average Trading Volume: 1,116,066
Technical Sentiment Signal: Sell
Current Market Cap: A$151.1M
Learn more about CEH stock on TipRanks’ Stock Analysis page.