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Peet Limited Initiates Strategic Share Buy-Back

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Peet Limited Initiates Strategic Share Buy-Back

The latest update is out from Peet Limited ( (AU:PPC) ).

Peet Limited has announced a daily share buy-back, purchasing a total of 24,499,027 ordinary shares with a remaining 2,728,909 shares to be bought back. This move indicates the company’s effort to consolidate its share structure and potentially enhance shareholder value, reflecting a strategic financial decision in compliance with the Corporations Act.

More about Peet Limited

YTD Price Performance: 4.90%

Average Trading Volume: 290,005

Technical Sentiment Signal: Sell

Current Market Cap: A$678.9M

See more data about PPC stock on TipRanks’ Stock Analysis page.

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