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Coast Entertainment Holdings Updates on Daily Buy-Back Activity

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Coast Entertainment Holdings Updates on Daily Buy-Back Activity

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

Coast Entertainment Holdings Limited has announced a daily update on its ongoing on-market buy-back of ordinary fully paid securities. As of the latest update, the company has repurchased a total of 22,962,255 securities prior to the previous day, with an additional 624,251 securities bought back on the previous day. This buy-back strategy may impact the company’s market positioning by potentially increasing shareholder value and optimizing capital structure.

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: 775,806

Technical Sentiment Signal: Sell

Current Market Cap: A$177M

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

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