Perenti Global ( (AU:PRN) ) has issued an announcement.
Perenti Limited has announced an update regarding its ongoing on-market buy-back program, reporting the repurchase of 60,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 11,954,441. This buy-back initiative reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value, indicating a proactive approach to managing its financial resources.
More about Perenti Global
Perenti Limited operates in the mining services industry, providing a range of services including mining, drilling, and blasting. The company focuses on delivering comprehensive solutions to the mining sector, enhancing operational efficiency and productivity for its clients.
YTD Price Performance: 13.48%
Average Trading Volume: 3,700
Technical Sentiment Signal: Sell
Current Market Cap: $797.4M
See more data about PRN stock on TipRanks’ Stock Analysis page.