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Coast Entertainment Holdings Updates Buy-Back Program

Story Highlights
  • Coast Entertainment Holdings updates on its ongoing buy-back program.
  • The company repurchased 56,389 securities on the previous day, impacting stock value and shareholder equity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coast Entertainment Holdings Updates Buy-Back Program

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Ardent Leisure Group Ltd ( (AU:CEH) ) has issued an announcement.

Coast Entertainment Holdings Limited has announced an update regarding its ongoing on-market buy-back program. As of May 15, 2025, the company has repurchased a total of 24,384,168 ordinary fully paid securities, with 56,389 securities bought back on the previous day. This buy-back initiative could potentially impact the company’s stock value and shareholder equity, reflecting a strategic move to optimize capital structure and enhance shareholder returns.

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: 814,145

Technical Sentiment Signal: Sell

Current Market Cap: A$174.9M

For an in-depth examination of CEH stock, go to TipRanks’ Stock Analysis page.

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