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Praemium Ltd Streamlines Capital Structure

Praemium Ltd Streamlines Capital Structure

Praemium Ltd (AU:PPS) has released an update.

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Praemium Limited has announced the cessation of 484,807 ordinary shares due to an on-market buy-back and the lapse of 12,428 performance rights as conditions for their satisfaction were not met. The cancellations took effect on June 28, 2024, and June 7, 2024, respectively, indicating a reshaping of the company’s capital structure.

For further insights into AU:PPS stock, check out TipRanks’ Stock Analysis page.

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