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An announcement from Perenti Global ( (AU:PRN) ) is now available.
Perenti Limited has announced an update on its ongoing share buy-back program, revealing that a total of 13,969,858 shares have been bought back before the previous day, with an additional 151,696 shares bought back on the previous day. This buy-back initiative is part of Perenti’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s commitment to returning capital to its investors.
More about Perenti Global
Perenti Limited is a diversified global mining services company involved in surface and underground mining projects. The company provides mining services, equipment, and technology solutions to the mining industry, focusing on enhancing productivity and efficiency for its clients.
YTD Price Performance: 13.61%
Average Trading Volume: 3,700
Technical Sentiment Signal: Sell
Current Market Cap: $792.1M
For an in-depth examination of PRN stock, go to TipRanks’ Stock Analysis page.
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