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Viva Leisure Continues On-Market Share Buy-Back Program

Story Highlights
  • Viva Leisure has continued its on-market share buy-back, with 666,772 ordinary shares already repurchased before the latest trading day.
  • Daily buy-back notifications show active capital management as Viva Leisure steadily repurchases shares, aiming to support value for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Viva Leisure Continues On-Market Share Buy-Back Program

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Viva Leisure Ltd. ( (AU:VVA) ) has shared an announcement.

Viva Leisure has disclosed an update to its on-market share buy-back program, confirming that a total of 666,772 ordinary fully paid shares had been repurchased before the most recent trading day. The company reported that a further 6,410 shares were bought back on the previous day, indicating ongoing execution of its capital management strategy.

The continued daily notifications highlight Viva Leisure’s active use of share repurchases to manage its capital structure and potentially enhance shareholder value. Regular updates on repurchase volumes also improve transparency for investors, signalling the company’s commitment to returning capital and supporting its share price in the market.

The most recent analyst rating on (AU:VVA) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Viva Leisure Ltd. stock, see the AU:VVA Stock Forecast page.

More about Viva Leisure Ltd.

Viva Leisure Ltd. operates in the fitness and leisure industry and is listed on the ASX under the code VVA. The company offers health and fitness services through a network of facilities and focuses on memberships and related wellness offerings for consumers in its markets.

Average Trading Volume: 137,008

Technical Sentiment Signal: Hold

Current Market Cap: A$153.7M

Find detailed analytics on VVA stock on TipRanks’ Stock Analysis page.

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