Perenti Global ( (AU:PRN) ) has shared an update.
Perenti Limited has announced an update regarding its ongoing on-market buy-back program, revealing that a total of 257,533 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 13,217,971 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources.
More about Perenti Global
Perenti Limited operates in the mining services industry, providing a range of mining and exploration services. The company focuses on delivering comprehensive mining solutions, including drilling, blasting, and maintenance services, primarily catering to the mining sector.
YTD Price Performance: 13.61%
Average Trading Volume: 3,700
Technical Sentiment Signal: Strong Sell
Current Market Cap: $670.6M
See more data about PRN stock on TipRanks’ Stock Analysis page.