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Perenti Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Perenti issued an updated ASX notice on its ongoing on-market buy-back of ordinary fully paid shares.
  • The company has repurchased over three million shares to date, reflecting continued focus on shareholder value and capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perenti Updates Market on Progress of On-Market Share Buy-Back

Meet Samuel – Your Personal Investing Prophet

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. As of 24 April 2026, the company reported that a total of 3,089,874 shares had been repurchased prior to the previous day, with an additional 104,086 shares bought back on the previous trading day.

The update forms part of Perenti’s daily buy-back reporting, indicating the continued execution of a capital management initiative first notified in September 2025. The ongoing share repurchases suggest a focus on returning value to shareholders and potentially optimizing the company’s capital structure, which may influence the liquidity and overall supply of its shares on the market.

The most recent analyst rating on (AU:PRN) stock is a Hold with a A$2.35 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 Australian-listed company trading under the ASX code PRN, with its primary securities being ordinary fully paid shares. The company operates as a public entity subject to ASX reporting requirements, actively managing its capital structure through mechanisms such as on-market share buy-backs.

Average Trading Volume: 3,069,486

Technical Sentiment Signal: Buy

Current Market Cap: A$1.82B

For a thorough assessment of PRN stock, go to TipRanks’ Stock Analysis page.

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