Perenti Global ( (AU:PRN) ) has issued an announcement.
Perenti Limited has announced an update regarding its ongoing on-market buy-back program. As of April 14, 2025, the company has repurchased a total of 13,962,067 ordinary fully paid securities, with 160,548 bought back on the previous day. This buy-back initiative is part of Perenti’s strategy to optimize its capital structure and enhance shareholder value.
More about Perenti Global
Perenti Limited operates in the mining services industry, providing a range of services including contract mining, surface mining, underground mining, and drilling services. The company focuses on delivering innovative and sustainable solutions to the mining sector globally.
YTD Price Performance: 13.48%
Average Trading Volume: 3,700
Technical Sentiment Signal: Strong Sell
Current Market Cap: $733.4M
Learn more about PRN stock on TipRanks’ Stock Analysis page.