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The latest announcement is out from Ariadne Australia Limited ( (AU:ARA) ).
Ariadne Australia Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 1,872,381 securities, with 12,449 repurchased on the previous day. This buy-back initiative is part of Ariadne’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: 58,958
Technical Sentiment Signal: Buy
Current Market Cap: A$97.29M
For detailed information about ARA stock, go to TipRanks’ Stock Analysis page.