tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pacific Current Group Reports Full Year Results with Strategic Asset Sales and Share Buy-Back

Story Highlights
  • Pacific Current Group reported a statutory net profit of A$58.2 million, down from A$110.1 million.
  • The company completed key asset sales and a share buy-back, optimizing its portfolio and capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pacific Current Group Reports Full Year Results with Strategic Asset Sales and Share Buy-Back

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Pacific Current Group Ltd ( (AU:PAC) ).

Pacific Current Group Limited reported a statutory net profit after tax of A$58.2 million for the year ended 30 June 2025, a significant drop from the previous year’s A$110.1 million, primarily due to gains from asset sales and fair value uplifts. The company completed several key transactions, including the sale of stakes in Banner Oak Capital Partners and Carlisle Management Company, and a partial sale in Victory Park Capital, which provided liquidity and fair value realization. The company also executed a substantial share buy-back and declared an unfranked dividend, reflecting its strategic focus on optimizing its portfolio and capital structure.

The most recent analyst rating on (AU:PAC) stock is a Buy with a A$12.50 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 Limited is a company operating in the financial services industry, focusing on investment management and asset management. The company is involved in managing a diverse portfolio of investments and providing strategic financial solutions.

Average Trading Volume: 32,319

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$338M

See more insights into PAC stock on 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