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Coast Entertainment Holdings Updates Share Buy-Back Progress

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Coast Entertainment Holdings Updates Share Buy-Back Progress

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

Coast Entertainment Holdings Limited has announced an update regarding its ongoing on-market share buy-back program. As of the latest notification, the company has repurchased a total of 26,850,173 ordinary fully paid securities, with an additional 398,736 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: 632,540

Technical Sentiment Signal: Sell

Current Market Cap: A$174.9M

For an in-depth examination of CEH stock, go to TipRanks’ Stock Analysis page.

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