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Pinnacle Investment Management Announces Cessation of Securities

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Pinnacle Investment Management Announces Cessation of Securities

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An announcement from Pinnacle Investment Management Group Limited ( (AU:PNI) ) is now available.

Pinnacle Investment Management Group Limited announced the cessation of 55,000 ordinary fully paid securities due to a buy-back under an employee share scheme. This move reflects the company’s ongoing capital management strategy and may impact its share capital structure, potentially influencing investor perceptions and market positioning.

The most recent analyst rating on (AU:PNI) stock is a Hold with a A$21.50 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 provides a range of investment products and services, catering to various market segments and stakeholders.

Average Trading Volume: 847,429

Technical Sentiment Signal: Buy

Current Market Cap: A$4.13B

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

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