Perenti Global (AU:PRN) has released an update.
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Perenti Limited has announced a daily update on its ongoing share buy-back program, revealing that it repurchased 165,300 of its shares recently, adding to the 6.4 million shares purchased previously. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. Investors interested in the stock market may want to keep an eye on how these buy-backs impact the company’s share price.
For further insights into AU:PRN stock, check out TipRanks’ Stock Analysis page.