Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest update is out from Perenti Global ( (AU:PRN) ).
Perenti Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 90,000 ordinary fully paid securities, bringing the total bought back to over 15 million. 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 services including drilling, blasting, and other mining-related activities. The company focuses on delivering comprehensive mining solutions to clients globally, positioning itself as a key player in the mining services sector.
Average Trading Volume: 2,353,447
Technical Sentiment Signal: Buy
Current Market Cap: A$1.28B
See more insights into PRN stock on TipRanks’ Stock Analysis page.