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Viva Leisure Updates Market on Ongoing On-Market Share Buy-Back

Story Highlights
  • Viva Leisure continues its on-market buy-back, having repurchased over 896,000 shares plus 17,655 more shares on the previous day.
  • The ongoing buy-back reflects Viva Leisure’s capital management strategy to return value and increase transparency for its shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Viva Leisure Updates Market on Ongoing On-Market Share Buy-Back

Meet Samuel – Your Personal Investing Prophet

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

Viva Leisure Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares listed on the ASX under code VVA. The company reported that a total of 896,262 shares had been bought back before the previous day, with an additional 17,655 shares repurchased on the previous trading day.

The continued execution of the buy-back indicates Viva Leisure is actively returning capital to shareholders and potentially seeking to enhance earnings per share by reducing the number of shares on issue. Regular daily notifications underscore the company’s ongoing capital management strategy and provide transparency for investors monitoring its share repurchase activity.

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 Limited operates in the fitness and leisure industry, offering gym and health club services under its listed ordinary fully paid shares on the ASX. The company targets consumers seeking health, fitness, and wellness solutions, positioning itself as a publicly traded operator in the Australian leisure market.

Average Trading Volume: 142,339

Technical Sentiment Signal: Sell

Current Market Cap: A$141.9M

See more insights into VVA stock on TipRanks’ Stock Analysis page.

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