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Ariadne Australia Limited ( (AU:ARA) ) has provided an announcement.
Ariadne Australia Limited has announced an update regarding its ongoing on-market buy-back program. The company, listed under the ASX security code ARA, has repurchased a total of 1,583,077 ordinary fully paid securities before the previous day, with an additional 25,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure 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: 54,738
Technical Sentiment Signal: Buy
Current Market Cap: A$97.41M
See more data about ARA stock on TipRanks’ Stock Analysis page.