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Pengana Capital Group Updates on Share Buy-Back Progress

Story Highlights
  • Pengana Capital Group operates in investment management, offering products for retail and institutional clients.
  • The company announced buying back 18,232 shares, part of a strategy to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pengana Capital Group Updates on Share Buy-Back Progress

Confident Investing Starts Here:

An update from Pengana Capital Group Ltd. ( (AU:PCG) ) is now available.

Pengana Capital Group Ltd. has announced an update on its ongoing share buy-back program, with a total of 18,232 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 355,624 securities. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value by reducing the number of shares outstanding.

More about Pengana Capital Group Ltd.

Pengana Capital Group Ltd. operates in the financial services industry, focusing on investment management. The company offers a range of investment products and services, catering to both retail and institutional clients, with a market focus on delivering superior investment returns through active management strategies.

YTD Price Performance: -9.80%

Average Trading Volume: 14,099

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$76.32M

Learn more about PCG stock on TipRanks’ Stock Analysis page.

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