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The latest announcement is out from Perenti Global ( (AU:PRN) ).
Perenti Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares listed on the ASX under code PRN. The company reported that a total of 949,935 shares had been repurchased before the previous trading day, with an additional 104,845 shares bought back on the prior day as part of this capital management initiative.
The latest notification, dated 19 March 2026 and referencing the original buy-back notice lodged on 12 September 2025, confirms that this activity is a routine daily update rather than a change in strategy. The continued execution of the buy-back underscores Perenti’s commitment to returning capital to shareholders and potentially enhancing earnings per share through a reduced share count.
The most recent analyst rating on (AU:PRN) stock is a Hold with a A$2.00 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, with its primary securities being ordinary fully paid shares. The company operates in a sector where active management of its capital structure, including on-market share buy-backs, is used as a tool to influence shareholder returns and optimise its balance sheet.
Average Trading Volume: 2,846,749
Technical Sentiment Signal: Buy
Current Market Cap: A$1.88B
See more insights into PRN stock on TipRanks’ Stock Analysis page.