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An announcement from Pacific Current Group Ltd ( (AU:PAC) ) is now available.
Pacific Current Group has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares listed on the ASX. The company reported that a total of 969,824 shares had been repurchased prior to the latest trading day, with an additional 63,047 shares bought back on the previous day, signalling continued execution of its capital management strategy.
The notification, dated 1 April 2026, forms part of the company’s regular daily reporting on the buy-back that commenced in October 2025. By steadily reducing its share count through these market purchases, Pacific Current is likely seeking to enhance capital efficiency and potentially support earnings per share, which may benefit existing shareholders over time.
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 trading under the ASX code PAC, with its primary securities being ordinary fully paid shares. The group operates within the financial services and investment management sector, focusing on capital management initiatives that include on-market share buy-backs to optimise its capital structure and shareholder returns.
Average Trading Volume: 24,357
Technical Sentiment Signal: Hold
Current Market Cap: A$288.3M
Learn more about PAC stock on TipRanks’ Stock Analysis page.