Perenti Limited Updates on Share Buy-Back Progress

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Perenti Limited Updates on Share Buy-Back Progress

Perenti Global ( (AU:PRN) ) has issued an announcement.

Perenti Limited has announced an update on its ongoing share buy-back program, with a total of 11,128,824 securities bought back before the previous day and an additional 155,313 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.

More about Perenti Global

Perenti Limited operates in the mining services industry, providing a range of services including surface and underground mining, exploration drilling, and mineral analysis. The company focuses on delivering comprehensive mining solutions to clients across various geographical markets.

YTD Price Performance: 9.65%

Average Trading Volume: 3,700

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $781.6M

For detailed information about PRN stock, go to TipRanks’ Stock Analysis page.

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