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Coast Entertainment Holdings Limited Updates on Share Buy-Back Program

Story Highlights
  • Coast Entertainment Holdings is conducting a buy-back of ordinary fully paid securities.
  • The company repurchased 362,239 securities on the previous day as part of its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coast Entertainment Holdings Limited Updates on Share Buy-Back Program

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Ardent Leisure Group Ltd ( (AU:CEH) ) just unveiled an update.

Coast Entertainment Holdings Limited has announced an update regarding its ongoing buy-back program, focusing on ordinary fully paid securities under the ASX code CEH. The company has been actively repurchasing shares, with a total of 31,216,978 securities bought back before the previous day and an additional 362,239 securities repurchased on the previous day. This buy-back initiative is part of the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

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: 736,948

Technical Sentiment Signal: Sell

Current Market Cap: A$164.1M

For a thorough assessment of CEH stock, go to TipRanks’ Stock Analysis page.

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