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Perenti Global ( (AU:PRN) ) has issued an announcement.
Perenti Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares traded under the ASX code PRN. The company reported that a total of 1,794,228 shares had been repurchased prior to the latest reporting date, with an additional 102,285 shares bought back on the previous trading day.
The announcement, dated 2 April 2026, is a daily buy-back notification linked to an initial buy-back disclosure made in September 2025. This regular reporting highlights the continued execution of Perenti’s capital management initiative, which may reduce the number of shares on issue and could support earnings per share and capital returns for existing investors over time.
The most recent analyst rating on (AU:PRN) stock is a Hold with a A$2.00 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 Australian-listed company operating under the ASX code PRN and issues ordinary fully paid shares. The company is active in the capital markets and uses on-market share buy-backs as part of its broader capital management strategy to manage its share base and potentially enhance shareholder value.
Average Trading Volume: 3,057,092
Technical Sentiment Signal: Buy
Current Market Cap: A$1.83B
For detailed information about PRN stock, go to TipRanks’ Stock Analysis page.