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Perenti Global ( (AU:PRN) ) has issued an announcement.
Perenti Limited has announced an update on its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid shares. The company reported buying back a total of 240,679 securities on the previous day, adding to the cumulative total of 9,038,605 securities bought back before that day. This buy-back initiative is part of Perenti’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Perenti Global
YTD Price Performance: 9.52%
Average Trading Volume: 3,700
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $687.6M
For a thorough assessment of PRN stock, go to TipRanks’ Stock Analysis page.