Pacific Current Group Ltd (AU:PAC) has released an update.
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Pacific Current Group has announced plans for an off-market share buy-back of up to $300 million, subject to shareholder approval. This move follows a year of significant changes within the company’s management, board, and balance sheet. Major shareholders, holding 45% of the shares, have shown support for this buy-back initiative.
For further insights into AU:PAC stock, check out TipRanks’ Stock Analysis page.