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Pacific Current Group Ltd ( (AU:PAC) ) just unveiled an update.
Pacific Current Group Limited announced an off-market equal access share buy-back of up to $300 million, which has been approved by shareholders. The buy-back is set to open on 10 February 2025 and close on 7 March 2025, with eligible shareholders invited to participate. This initiative reflects Pacific Current Group’s strategy to optimize capital allocation and enhance shareholder value, potentially affecting its market positioning and stakeholder engagement.
More about Pacific Current Group Ltd
Pacific Current Group is a multi-boutique asset management firm focused on delivering exceptional value to shareholders, investors, and partners through strategic resources such as permanent capital and operational expertise. The company has investments in 10 boutique asset managers globally.
YTD Price Performance: 1.16%
Average Trading Volume: 5,750
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $384.4M
Learn more about PAC stock on TipRanks’ Stock Analysis page.