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Aristocrat Leisure Limited ( (AU:ALL) ) has shared an update.
Aristocrat Leisure Limited has announced a new on-market share buy-back program of up to A$750 million following the completion of a previous A$1.85 billion buy-back. This move is part of their ongoing capital management strategy, supported by strong business performance and cash flow. The company plans to use proceeds from the recent sale of Plarium Global Limited to repay US$250 million of its debt ahead of schedule and to continue investing in growth opportunities. This decision reflects Aristocrat’s robust financial health and commitment to returning value to shareholders while pursuing strategic growth through acquisitions and organic initiatives.
More about Aristocrat Leisure Limited
Aristocrat Leisure Limited (ASX: ALL) is a global company specializing in entertainment and gaming content creation, with a focus on regulated land-based gaming, online real money gaming, and social casino. The company offers a wide range of products and services including electronic gaming machines, casino management systems, free-to-play mobile games, and online real money games, serving millions of players worldwide.
YTD Price Performance: 8.56%
Average Trading Volume: 3,073
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $30.79B
See more insights into ALL stock on TipRanks’ Stock Analysis page.
