tiprankstipranks
Pacific Current Group Announces $300 Million Share Buy-Back
Company Announcements

Pacific Current Group Announces $300 Million Share Buy-Back

Story Highlights

Invest with Confidence:

Pacific Current Group Ltd ( (AU:PAC) ) just unveiled an update.

Pacific Current Group Limited announced an off-market equal access share buy-back of up to $300 million, which has been approved by shareholders. The buy-back is set to open on 10 February 2025 and close on 7 March 2025, with eligible shareholders invited to participate. This initiative reflects Pacific Current Group’s strategy to optimize capital allocation and enhance shareholder value, potentially affecting its market positioning and stakeholder engagement.

More about Pacific Current Group Ltd

Pacific Current Group is a multi-boutique asset management firm focused on delivering exceptional value to shareholders, investors, and partners through strategic resources such as permanent capital and operational expertise. The company has investments in 10 boutique asset managers globally.

YTD Price Performance: 1.16%

Average Trading Volume: 5,750

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $384.4M

Learn more about PAC stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App