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Peet Limited ( (AU:PPC) ) has issued an update.
Peet Limited has announced the completion of its on-market buy-back program, repurchasing a total of 21,821,603 ordinary fully paid securities for a consideration of AUD 23,353,365.32. This buy-back is part of Peet Limited’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a commitment to optimizing financial performance and market positioning.
The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.
More about Peet Limited
Average Trading Volume: 1,186,570
Technical Sentiment Signal: Buy
Current Market Cap: A$903.5M
Learn more about PPC stock on TipRanks’ Stock Analysis page.