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Perenti Global ( (AU:PRN) ) has provided an announcement.
Perenti Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that a total of 63,564 shares had been repurchased prior to the latest trading day, with an additional 15,000 shares bought back on the previous day as part of this program.
The updated disclosure, which follows an initial buy-back notification lodged in December 2025 and a prior update in late February 2026, underscores Perenti’s continued execution of its capital management strategy. By steadily reducing its share count through daily on-market purchases, the company may enhance earnings per share and signal confidence in its valuation to investors, potentially supporting its share price over time.
The most recent analyst rating on (AU:PRN) stock is a Buy with a A$3.00 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 is an ASX-listed company trading under the code PRN, with its securities described as ordinary fully paid shares. The group operates in the resources and mining services sector, providing contract mining and related services to resource projects, and its shares are actively traded on the Australian Securities Exchange.
YTD Price Performance: -15.77%
Average Trading Volume: 2,911,252
Technical Sentiment Signal: Buy
Current Market Cap: A$2.21B
For an in-depth examination of PRN stock, go to TipRanks’ Overview page.