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Pengana Capital Updates ASX on Daily Employee Share Scheme Buy-Back

Story Highlights
  • Pengana Capital updated the ASX on its ongoing buy-back of ordinary shares.
  • The company repurchased 125,000 shares in a daily employee scheme buy-back, advancing its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pengana Capital Updates ASX on Daily Employee Share Scheme Buy-Back

Meet Samuel – Your Personal Investing Prophet

Pengana Capital Group Ltd. ( (AU:PCG) ) just unveiled an announcement.

Pengana Capital Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program, specifically an employee share scheme buy-back of its ordinary fully paid shares. The company reported that 125,000 shares were repurchased on the previous day under the program, with this filing representing a daily buy-back notification that updates prior disclosures made earlier in December, signalling continued execution of its capital management strategy that may modestly reduce shares on issue and support shareholder value.

The most recent analyst rating on (AU:PCG) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Pengana Capital Group Ltd. stock, see the AU:PCG Stock Forecast page.

More about Pengana Capital Group Ltd.

Pengana Capital Group Limited is an ASX-listed financial services company that issues ordinary fully paid shares under the code PCG. The group operates within the investment management sector, offering capital management and related services to investors in the Australian market.

Average Trading Volume: 23,937

Technical Sentiment Signal: Sell

Current Market Cap: A$62.85M

For an in-depth examination of PCG stock, go to TipRanks’ Overview page.

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