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Pacific Current Group Ltd ( (AU:PAC) ) has issued an announcement.
Pacific Current Group Ltd has announced an update on its ongoing share buy-back program, revealing that a total of 8,809 ordinary fully paid securities were repurchased on the previous day, adding to the 55,860 securities bought back before that. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:PAC) stock is a Hold 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 a company involved in the financial services industry, focusing on asset management and investment solutions. The company is known for its strategic investments and partnerships aimed at enhancing its market position and delivering value to its stakeholders.
Average Trading Volume: 26,040
Technical Sentiment Signal: Hold
Current Market Cap: A$313.3M
Find detailed analytics on PAC stock on TipRanks’ Stock Analysis page.