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Perseus Mining Steps Up On-Market Share Buy-Back Program

Story Highlights
  • Perseus Mining has expanded its on-market share buy-back, bringing total repurchased shares to over 10 million, including 767,300 bought on the latest trading day.
  • The company’s ongoing ASX-notified buy-back program, regularly updated since late 2025, underscores its capital management focus and signals potential benefits for shareholders through a reduced share base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perseus Mining Steps Up On-Market Share Buy-Back Program

Meet Samuel – Your Personal Investing Prophet

Perseus Mining ( (AU:PRU) ) has issued an update.

Perseus Mining Limited has continued its on-market share buy-back program, reporting that it has repurchased a total of 10,033,387 ordinary fully paid shares prior to the latest trading day. The company disclosed that a further 767,300 shares were bought back on the most recent day, as part of its ongoing capital management strategy that can support earnings per share and signal confidence in its financial position.

The update, lodged as an Appendix 3C notification with the ASX on 20 May 2026, follows the original buy-back notification made in late November 2025 and a previous update on 19 May 2026. Regular daily reporting of buy-back activity provides transparency to shareholders and the market, highlighting the scale and pace of the program and its potential impact on the company’s share capital structure.

The most recent analyst rating on (AU:PRU) stock is a Buy with a A$6.50 price target. To see the full list of analyst forecasts on Perseus Mining stock, see the AU:PRU Stock Forecast page.

More about Perseus Mining

Perseus Mining Limited is an Australian-listed gold mining company focused on the exploration, development and operation of gold projects. Its ordinary fully paid shares trade on the ASX under the ticker PRU, giving investors exposure to the precious metals sector.

Average Trading Volume: 4,698,074

Technical Sentiment Signal: Buy

Current Market Cap: A$6.92B

For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.

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