Aristocrat Plans Further Growth, Confirms Extension of Share Buy-Back Program

Global gaming content and technology company Aristocrat Leisure Limited confirmed it extended its on-market share buy-back program and released a trading outlook confirming plans for further growth
Aristocrat Plans Further Growth, Confirms Extension of Share Buy-Back Program

The company confirmed Friday it extends its on-market share buy-back program. This program is part of Aristocrat’s ongoing capital management strategy. It confirmed that since June 2022, the company has bought back some AU$478 million ($324.4 million). However, the buy-back program will now be extended for an additional period.
A statement released by Aristocrat on February 24, 2023, confirms that the company’s Board has greenlighted an increase of the on-market share buy-back program to include an additional AU$500 million ($339.4 million). Besides extending the buy-back program amount, Aristocrat confirmed it extends the period during which the shares can be bought back to another 12 months until the end of May 2024.
 
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