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Pacific Current Group Ltd ( (AU:PAC) ) has issued an update.
Pacific Current Group Ltd has cancelled 242,809 ordinary fully paid shares as part of an on-market buy-back, effective 13 March 2026. The reduction in issued capital reflects the company’s ongoing capital management strategy, which can enhance earnings per share and potentially support shareholder value by concentrating equity among remaining investors.
The most recent analyst rating on (AU:PAC) stock is a Buy with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
More about Pacific Current Group Ltd
Pacific Current Group Ltd is an Australia-listed company that trades on the ASX under the code PAC. It has issued ordinary fully paid shares and actively manages its capital structure through share buy-back programs in the public market.
Average Trading Volume: 16,627
Technical Sentiment Signal: Buy
Current Market Cap: A$299.6M
Find detailed analytics on PAC stock on TipRanks’ Stock Analysis page.