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The latest update is out from Perenti Global ( (AU:PRN) ).
Perenti Limited has notified the Australian Securities Exchange that 669,626 conditional rights (ASX code PRNAC) have lapsed as of 31 December 2025 because the conditions attached to those rights were not met or have become incapable of being satisfied. The cessation of these rights effectively reduces the pool of potential future equity issuance under this particular rights arrangement, slightly tightening the company’s prospective capital base and signalling that certain performance or vesting hurdles tied to these instruments were not achieved.
The most recent analyst rating on (AU:PRN) stock is a Buy with a A$3.10 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, listed on the ASX under the code PRN, is an Australia-based company with issued capital traded on the Australian Securities Exchange. The filing relates to the company’s management of its equity and rights on issue, rather than its underlying operational activities.
Average Trading Volume: 3,224,966
Technical Sentiment Signal: Buy
Current Market Cap: A$2.74B
For an in-depth examination of PRN stock, go to TipRanks’ Overview page.