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GGRAsia > Industry Talk > Aristocrat completes US$1.2bln share buy-back programme
Industry TalkLatest NewsTop of the deckWorld

Aristocrat completes US$1.2bln share buy-back programme

Newsdesk Published February 3, 2025
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Gaming equipment and content supplier Aristocrat Leisure Ltd says it has completed its existing on-market share buy-back programme in the aggregate amount of AUD1.85 billion (US$1.15 billion). The scheme was due to expire on February 28, 2025, stated the firm in a filing last week.

“Aristocrat remains committed to its long-term growth strategy and established capital management framework, including returning cash to shareholders through on-market share buy-backs and dividends wherever appropriate,” stated the firm.

In November, the Australia-listed slot machine maker reported revenue of just over AUD6.60 billion for its financial year ended September 2024, up 4.9 percent from the prior-year period.

The firm said at that the time that revenue growth in the period was “underpinned by Aristocrat Gaming”, the group’s casino technology segment, with “strong volume growth and product mix in Asia.”

Aristocrat’s gaming segment recorded revenue of nearly AUD3.63 billion in the 12 months to September 30, a 4.8-percent increase from a year ago. It accounted for about 54.9 percent of the group’s aggregate revenue for the period.

The company declared a dividend of AUD0.42 per ordinary fully-paid share for the fiscal year ended September 2024, which was paid on December 20.

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