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The latest update is out from Pacific Current Group Ltd ( (AU:PAC) ).
Pacific Current Group has issued an updated notification regarding its on-market share buy-back of ordinary fully paid shares. The latest announcement amends the broker details associated with the buy-back program, while confirming that the buy-back itself remains in place as previously disclosed.
The change is administrative in nature, reflecting an update to the broker name used to execute the buy-back transactions. This suggests the company is continuing to actively manage its capital structure through market purchases of its own shares, with operational parameters of the buy-back otherwise unchanged for investors and other stakeholders.
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 investment management firm trading under the ASX code PAC. The company’s principal securities are ordinary fully paid shares, and it operates within the financial services sector, focusing on investment-related activities for its shareholders and broader capital markets participants.
Average Trading Volume: 26,021
Technical Sentiment Signal: Buy
Current Market Cap: A$295.2M
See more data about PAC stock on TipRanks’ Stock Analysis page.