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Aristocrat Leisure Announces Daily Buy-Back of Securities

Story Highlights
  • Aristocrat Leisure operates in the gaming industry, focusing on gaming content and technology.
  • The company announced a daily buy-back of 505,440 securities to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

The latest update is out from Aristocrat Leisure ( (AU:ALL) ).

Aristocrat Leisure Limited has announced a daily buy-back of its ordinary fully paid securities, with 505,440 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital efficiently and could potentially enhance shareholder value by reducing the number of shares outstanding.

The most recent analyst rating on (AU:ALL) stock is a Hold with a A$41.15 price target. To see the full list of analyst forecasts on Aristocrat Leisure stock, see the AU:ALL Stock Forecast page.

More about Aristocrat Leisure

Aristocrat Leisure Limited operates in the gaming industry, primarily focusing on the development and distribution of gaming content and technology. The company is known for its innovative gaming solutions and has a significant market presence in various regions.

Average Trading Volume: 1,611,611

Technical Sentiment Signal: Buy

Current Market Cap: A$42.49B

See more data about ALL stock on TipRanks’ Stock Analysis page.

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