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Coast Entertainment Holdings Updates on Share Buy-Back Program

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Coast Entertainment Holdings Updates on Share Buy-Back Program

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An announcement from Ardent Leisure Group Ltd ( (AU:CEH) ) is now available.

Coast Entertainment Holdings Limited has announced an update on its on-market buy-back program, which involves the repurchase of its own ordinary fully paid shares. This update specifies the continued daily buy-back activities, with a total of 4,362,159 securities bought back before the previous day and an additional 81,657 securities bought back on the previous day. The buy-back program aims to potentially enhance shareholder value by reducing the number of outstanding shares, which could lead to an increase in the value of remaining shares.

More about Ardent Leisure Group Ltd

YTD Price Performance: -4.08%

Average Trading Volume: 336,144

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$205.1M

For detailed information about CEH stock, go to TipRanks’ Stock Analysis page.

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