Perenti Global ( (AU:PRN) ) has provided an update.
Perenti Limited has announced an update on its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of March 14, 2025, the company has bought back a total of 10,756,351 securities, with an additional 155,507 securities repurchased 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, providing a range of services including exploration, mine development, and production. The company focuses on delivering comprehensive mining solutions to clients globally, leveraging its expertise and technology to enhance operational efficiency and productivity.
YTD Price Performance: 9.65%
Average Trading Volume: 3,700
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $731.6M
See more data about PRN stock on TipRanks’ Stock Analysis page.