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Coast Entertainment Holdings Updates on Share Buy-Back Program

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Coast Entertainment Holdings Updates on Share Buy-Back Program

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The latest announcement is out from Ardent Leisure Group Ltd ( (AU:CEH) ).

Coast Entertainment Holdings Limited has announced an update on its ongoing share buy-back program. The company reported the buy-back of 1,060,362 ordinary fully paid securities on the previous day, adding to a total of 31,867,214 securities bought back to date. 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: 692,511

Technical Sentiment Signal: Sell

Current Market Cap: A$168.4M

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

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