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

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

Perseus Mining Limited has reported an update to its on-market share buy-back program for its ordinary fully paid shares traded under the ASX code PRU. The company disclosed that as of 24 April 2026, it had repurchased a total of 4,881,530 shares prior to the previous trading day, and a further 126,025 shares on the previous day under the ongoing program.

The latest notification, originally initiated in November 2025 and updated from a March 2026 announcement, confirms the continuation of the buy-back as part of Perseus’s capital management activities. The incremental reduction in shares on issue may enhance earnings per share and signals management’s confidence in the company’s valuation, with potential implications for existing shareholders and market perception.

The most recent analyst rating on (AU:PRU) stock is a Buy with a A$6.75 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 production and development of gold assets. Its ordinary fully paid shares trade on the ASX under the ticker PRU, reflecting its position in the precious metals sector and exposure to global gold markets.

YTD Price Performance: -1.26%

Average Trading Volume: 5,108,039

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$7.49B

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