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The latest announcement is out from Pacific Current Group Ltd ( (AU:PAC) ).
Pacific Current Group has launched an off-market share buy-back program, allowing eligible shareholders to participate in a buy-back of up to $300 million of surplus capital. This move, approved by shareholders, is expected to enhance the company’s capital management strategy and potentially improve shareholder value.
More about Pacific Current Group Ltd
Pacific Current Group is a multi-boutique asset management firm focused on delivering value to shareholders, investors, and partners through strategic resources like permanent capital and operational expertise. The company has investments in eight boutique asset managers globally.
YTD Price Performance: 1.16%
Average Trading Volume: 5,750
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $385.5M
Learn more about PAC stock on TipRanks’ Stock Analysis page.
