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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.