Perenti Global ( (AU:PRN) ) just unveiled an announcement.
Perenti Limited has announced an update on its ongoing on-market buy-back program, with a total of 13,639,520 securities bought back prior to the previous day and an additional 161,999 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and improving financial flexibility.
More about Perenti Global
Perenti Limited operates in the mining services industry, providing a range of services including mining, drilling, and logistics. The company is focused on delivering comprehensive mining solutions to clients across various regions.
YTD Price Performance: 13.61%
Average Trading Volume: 3,700
Technical Sentiment Signal: Strong Sell
Current Market Cap: $671.8M
See more data about PRN stock on TipRanks’ Stock Analysis page.