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Viva Leisure Reports Daily Progress on On-Market Share Buy-Back

Story Highlights
  • Viva Leisure operates fitness and leisure facilities across Australia, offering gym memberships and wellness services to a broad consumer base.
  • The company is continuing its on-market share buy-back, having repurchased over 518,000 shares in total and 25,477 shares in the most recent trading day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Viva Leisure Reports Daily Progress on On-Market Share Buy-Back

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An announcement from Viva Leisure Ltd. ( (AU:VVA) ) is now available.

Viva Leisure Ltd., an Australian fitness and leisure operator listed on the ASX as VVA, runs a network of health and fitness facilities that offer gym memberships and associated wellness services. The company targets a broad consumer base seeking accessible fitness solutions across its locations.

The company has continued its on-market share buy-back program, reporting a total of 518,285 ordinary fully paid shares repurchased before the previous day and an additional 25,477 shares bought back on the prior trading day. This ongoing daily buy-back activity signals management’s effort to optimise capital structure and may indicate confidence in the company’s valuation for existing shareholders.

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’s primary business involves providing health and fitness services through its network of facilities, focusing on gym memberships and related wellness offerings for consumers in Australia.

Average Trading Volume: 142,395

Technical Sentiment Signal: Hold

Current Market Cap: A$153M

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

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