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An update from Perenti Global ( (AU:PRN) ) is now available.
Perenti Limited has announced an update on its ongoing share buy-back program, reporting a total of 15,121,948 securities bought back before the previous day, with an additional 60,000 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:PRN) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Perenti Global stock, see the AU:PRN Stock Forecast page.
More about Perenti Global
Perenti Limited operates in the mining services industry, providing a range of mining and exploration services. The company focuses on delivering integrated mining solutions to its clients, enhancing operational efficiency and productivity.
Average Trading Volume: 2,243,767
Technical Sentiment Signal: Buy
Current Market Cap: A$1.3B
For an in-depth examination of PRN stock, go to TipRanks’ Stock Analysis page.