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The latest announcement is out from Ardent Leisure Group Ltd ( (AU:CEH) ).
Coast Entertainment Holdings Limited has announced an update regarding its ongoing on-market buy-back program. The company reported that a total of 23,586,506 securities have been bought back before the previous day, with an additional 741,273 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy 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: 797,208
Technical Sentiment Signal: Sell
Current Market Cap: A$174.9M
Learn more about CEH stock on TipRanks’ Stock Analysis page.