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Ariadne Australia Limited Updates on Buy-Back Progress

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Ariadne Australia Limited Updates on Buy-Back Progress

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Ariadne Australia Limited ( (AU:ARA) ) has shared an update.

Ariadne Australia Limited has announced an update regarding its ongoing on-market buy-back program. The company reported the purchase of 25,000 ordinary fully paid securities on the previous day, adding to a total of 1,527,251 securities bought back before that day. This move is part of their strategy to manage capital and potentially enhance shareholder value.

The most recent analyst rating on (AU:ARA) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ariadne Australia Limited stock, see the AU:ARA Stock Forecast page.

More about Ariadne Australia Limited

Average Trading Volume: 56,320

Technical Sentiment Signal: Buy

Current Market Cap: A$99.35M

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

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