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The latest announcement is out from Pacific Current Group Ltd ( (AU:PAC) ).
Pacific Current Group Limited has announced an on-market buy-back of its fully paid ordinary shares as part of its capital management strategy. The buy-back, set to begin on 30 October 2025, aims to purchase up to 2,000,000 shares, approximately 6.8% of its issued share capital, using existing cash reserves. This move is intended to enhance shareholder value by reducing the number of shares on issue, thus increasing earnings per share. The company remains committed to supporting the growth of its portfolio companies and pursuing new strategic investment opportunities, particularly in the domestic market.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.50 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 is a global multi-boutique asset management firm that focuses on providing exceptional value to shareholders, investors, and partners. The company utilizes strategic resources, including permanent capital and operational expertise, to support its partners. It has investments in eight boutique asset managers worldwide, excluding securities in Abacus.
Average Trading Volume: 25,945
Technical Sentiment Signal: Hold
Current Market Cap: A$295.5M
For detailed information about PAC stock, go to TipRanks’ Stock Analysis page.