Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
An announcement from Perenti Global ( (AU:PRN) ) is now available.
Perenti Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 14,223,811 ordinary fully paid securities have been bought back prior to the previous day, with an additional 147,517 securities acquired on the previous day. This buy-back initiative is part of Perenti’s strategy to optimize its capital structure and deliver value to its shareholders, reflecting confidence in its financial position and future prospects.
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 mining companies globally, aiming to enhance productivity and efficiency in the extraction of resources.
YTD Price Performance: 13.61%
Average Trading Volume: 3,700
Technical Sentiment Signal: Sell
Current Market Cap: $787.6M
See more insights into PRN stock on TipRanks’ Stock Analysis page.