Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from Pacific Current Group Ltd ( (AU:PAC) ) is now available.
Pacific Current Group Ltd has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest daily report shows that the company repurchased 18,046 shares on the previous trading day, bringing the cumulative total bought back to 211,705 shares since the buy-back commenced.
The continued execution of the buy-back indicates that Pacific Current is actively returning capital to shareholders and potentially seeking to enhance earnings per share through a reduced share count. Regular daily disclosures also underscore the company’s adherence to market transparency requirements and allow investors to track the scale and pace of capital management activities.
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 company trading under the ASX code PAC. The group holds and manages interests in asset management businesses, providing exposure to diversified investment strategies for institutional and other investors in the financial services sector.
Average Trading Volume: 17,164
Technical Sentiment Signal: Hold
Current Market Cap: A$298.1M
Find detailed analytics on PAC stock on TipRanks’ Stock Analysis page.