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Pinnacle Investment Management Group Limited ( (AU:PNI) ) just unveiled an update.
Pinnacle Investment Management Group Limited announced a new employee share scheme buy-back, intending to repurchase 55,000 ordinary fully paid securities out of the total 226,774,736 securities on issue. This move is part of the company’s strategy to manage its capital structure and could have implications for its financial position and shareholder value.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$25.50 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
More about Pinnacle Investment Management Group Limited
Pinnacle Investment Management Group Limited operates in the financial services industry, focusing on investment management. The company is known for providing a range of investment products and services, primarily targeting institutional and retail investors.
Average Trading Volume: 811,693
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.79B
See more data about PNI stock on TipRanks’ Stock Analysis page.