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Perseus Mining Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Perseus Mining updated the ASX on its ongoing on-market buy-back of ordinary shares.
  • The company has repurchased nearly three million shares, signaling active capital management and potential EPS support.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perseus Mining Updates Market on Progress of On-Market Share Buy-Back

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Perseus Mining ( (AU:PRU) ) has provided an announcement.

Perseus Mining 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 it had repurchased a total of 2,640,176 shares prior to the previous trading day and bought back an additional 357,232 shares on the previous day.

The filing confirms this activity forms part of a continuing on-market buy-back first notified in late November 2025, with the latest update dated 6 March 2026. The progressive reduction in shares on issue may support earnings per share over time and signals continued capital management by Perseus, potentially impacting shareholder value and market perception of the stock.

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 Australia-listed gold mining company trading on the ASX under the code PRU. The company issues ordinary fully paid shares and operates within the resources sector, providing investors exposure to gold production and related mining activities.

YTD Price Performance: -0.91%

Average Trading Volume: 5,012,731

Technical Sentiment Signal: Buy

Current Market Cap: A$7.54B

See more data about PRU stock on TipRanks’ Stock Analysis page.

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