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Coast Entertainment Holdings Updates on Buy-Back Program

Story Highlights
  • Coast Entertainment Holdings updates on its on-market buy-back program.
  • The company bought back 59,721 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 Updates on Buy-Back Program

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

Coast Entertainment Holdings Limited has announced an update regarding its ongoing on-market buy-back program. The company reported a total of 29,004,770 securities bought back before the previous day, with an additional 59,721 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: 703,665

Technical Sentiment Signal: Sell

Current Market Cap: A$172.7M

For detailed information about CEH stock, go to TipRanks’ Stock Analysis page.

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