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Perenti Global ( (AU:PRN) ) has shared an update.
Perenti Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 14,731,043 ordinary fully paid securities, with 146,589 bought back on the previous day. This buy-back initiative is part of Perenti’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Perenti Global
Perenti Limited operates in the mining services industry, offering a range of services including drilling, blasting, and mining support. The company focuses on providing comprehensive mining solutions to clients worldwide, enhancing operational efficiency and safety in the mining sector.
YTD Price Performance: 13.61%
Average Trading Volume: 3,700
Technical Sentiment Signal: Sell
Current Market Cap: $815.7M
For a thorough assessment of PRN stock, go to TipRanks’ Stock Analysis page.