Australia's Sports Entertainment Group rises on announcing buyback

Sports Entertainment

09/03/2026 23:33

** Shares of Australia's Sports Entertainment Group SEG.AX rise as much as 6.3%, their biggest intraday gain since March 4

** Sports management and media content firm says it will undertake on-market share buy-back of up to 10% of its issued ordinary shares over the next 12 months

** Buy-back is expected to commence on March 24 - Co

** Stock has fallen 2.6% this year, including the session's moves

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))