tiprankstipranks
Advertisement
Advertisement

Pacific Current details progress of on-market share buy-back

Story Highlights
  • Pacific Current continues its on-market buy-back, repurchasing ordinary shares under ASX code PAC.
  • The latest update shows over 416,000 shares already bought back, signaling active capital management and confidence in valuation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pacific Current details progress of on-market share buy-back

Claim 55% Off TipRanks

Pacific Current Group Ltd ( (AU:PAC) ) has shared an update.

Pacific Current Group Ltd has reported an update to its on-market share buy-back program covering ordinary fully paid shares under the ASX code PAC. The latest Appendix 3C filing, dated 10 March 2026, shows that prior to the previous trading day the company had repurchased 416,231 shares, with an additional 13,096 shares bought back on the previous day.

The ongoing daily notifications highlight the company’s active capital management strategy, gradually reducing its share count through market purchases. This continued execution of the buy-back may support earnings per share and signals management’s confidence in the company’s valuation, with implications for existing shareholders and the liquidity of PAC stock on the ASX.

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 ordinary fully paid shares on issue. The group operates in the financial services sector, acting as an investor and partner in asset management businesses and related investment platforms, giving shareholders exposure to diversified investment management revenues.

YTD Price Performance: 0.20%

Average Trading Volume: 15,793

Technical Sentiment Signal: Hold

Current Market Cap: A$293.9M

For detailed information about PAC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1