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An update from Perenti Global ( (AU:PRN) ) is now available.
Perenti Limited has issued an updated notice to the ASX confirming the ongoing execution of its on-market share buy-back program for its ordinary fully paid shares. The filing, dated 3 March 2026, reports that a cumulative 78,564 shares had been repurchased before the previous trading day, with a further 41,899 shares bought back on that day as part of the daily buy-back activity.
The update, which follows an initial buy-back notification lodged in September 2025, reflects Perenti’s continued capital management efforts via reductions in its listed share count. This sustained on-market repurchase activity may signal management’s confidence in the company’s valuation and is likely to incrementally enhance ownership concentration and per-share metrics for remaining shareholders over time.
The most recent analyst rating on (AU:PRN) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Perenti Global stock, see the AU:PRN Stock Forecast page.
More about Perenti Global
Perenti Limited is an Australian-listed company trading under the ASX code PRN. It operates in the mining services industry, where it provides contract mining, drilling, and related services to resource projects, with its ordinary fully paid shares forming the primary listed security class.
Average Trading Volume: 2,863,076
Technical Sentiment Signal: Buy
Current Market Cap: A$2.27B
For an in-depth examination of PRN stock, go to TipRanks’ Overview page.