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Pengana Global Private Credit Trust Reports Daily Buy-Back of 303,745 Units

Story Highlights
  • Pengana Global Private Credit Trust is an ASX-listed investment trust focused on global private credit assets.
  • The trust reported buying back 303,745 ordinary units in a daily update, highlighting ongoing capital management efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pengana Global Private Credit Trust Reports Daily Buy-Back of 303,745 Units

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Pengana Global Private Credit Trust ( (AU:PCX) ) has provided an announcement.

Pengana Global Private Credit Trust has updated the market on its ongoing equal access buy-back program for its fully paid ordinary units, reporting that 303,745 securities were repurchased on the previous trading day, with no units bought back prior to that day under this notification sequence. The daily buy-back disclosure signals the trust’s active use of capital management to potentially enhance unit holder value and liquidity, and reflects continued implementation of its previously announced buy-back strategy.

More about Pengana Global Private Credit Trust

Pengana Global Private Credit Trust is an investment trust listed on the ASX that offers investors exposure to a diversified portfolio of global private credit assets, providing access to income-generating credit investments through its fully paid ordinary units (ASX: PCX).

Average Trading Volume: 159,007

Technical Sentiment Signal: Strong Buy

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

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