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An announcement from Ardent Leisure Group Ltd ( (AU:CEH) ) is now available.
Coast Entertainment Holdings Limited has announced an update on its ongoing on-market buy-back program, revealing the purchase of 36,298 ordinary fully paid securities on the previous day, adding to a total of 43,120,875 securities bought back to date. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially increasing shareholder value and strengthening its position in the competitive entertainment sector.
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
Coast Entertainment Holdings Limited operates in the entertainment industry, focusing on providing leisure and entertainment services. The company is known for its diverse range of entertainment offerings and aims to enhance its market presence through strategic financial maneuvers.
Average Trading Volume: 1,125,040
Technical Sentiment Signal: Sell
Current Market Cap: A$145.1M
For a thorough assessment of CEH stock, go to TipRanks’ Stock Analysis page.