The latest announcement is out from Pengana Global Private Credit Trust ( (AU:PCX) ).
Pengana Global Private Credit Trust has announced a daily buy-back update, indicating the repurchase of 109,500 ordinary units on the previous day, bringing the total number of securities bought back to 85,972. This move is part of an ongoing strategy to manage the company’s capital structure, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about Pengana Global Private Credit Trust
Pengana Global Private Credit Trust operates in the financial services industry, focusing on providing private credit investment opportunities. The company primarily deals in securities and is listed on the Australian Securities Exchange under the code PCX.
YTD Price Performance: -1.25%
Average Trading Volume: 105,395
Technical Sentiment Consensus Rating: Strong Sell
See more insights into PCX stock on TipRanks’ Stock Analysis page.