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Viva Leisure Limited (ASX:VVA)

ALERT: Price-sensitive ASX Announcement for VVA
Current share price for VVA : $1.595 -0.1 (-5.90%)+
Announcement
Release
17 Feb 2026 10:15AM
Price at Release
$1.695
Full Release
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Summary
Viva Leisure Limited has announced its intention to conduct an on-market share buy-back program, allowing the company to repurchase up to 10% of its issued Ordinary Shares over a 12-month period. The program, beginning on 2 March 2026 and ending on 1 March 2027, is part of Viva Leisure's capital management strategy to optimize financial flexibility. The share buy-back will take place at prices not exceeding 5% above the volume-weighted average price of the company's shares over the prior five trading days. The buy-back does not require shareholder approval and will proceed at the company's discretion, taking into account the prevailing share price and market conditions. Unified Capital Partners will act as the transaction broker for this initiative.
Key Points
  • Viva Leisure to conduct an on-market share buy-back.
  • Buy-back covers up to 10% of issued Ordinary Shares over 12 months.
  • Program starts on 2 March 2026 and ends on 1 March 2027.
  • Share buy-back price is capped at 5% above the prior 5-day volume-weighted average price.
  • Buy-back proceeds without requiring shareholder approval.
  • Unified Capital Partners appointed as transaction broker.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.