Viva Leisure Continues On-Market Share Buy-Back Program

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

Viva Leisure Ltd., an ASX-listed fitness and leisure operator, runs health clubs and gyms under its ordinary fully paid shares traded as VVA. The company focuses on providing fitness and wellness services to a broad membership base across its network.

Viva Leisure has continued its on-market share buy-back program, acquiring a cumulative 686,160 ordinary shares before the latest trading day and a further 13,070 shares on the previous day. The ongoing daily buy-back notifications indicate active capital management, which may support the share price and signal confidence in the company’s valuation to investors.

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, offering health club and gym services under its listed ordinary fully paid shares on the ASX under the code VVA. The company targets consumers seeking fitness and wellness solutions across its network of clubs and related facilities in Australia.

Average Trading Volume: 135,924

Technical Sentiment Signal: Hold

Current Market Cap: A$151.3M

For an in-depth examination of VVA stock, go to TipRanks’ Overview page.