Perenti Global (AU:PRN) has released an update.
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Perenti Limited has announced a daily update on its ongoing on-market buy-back program, with an additional 85,649 ordinary shares acquired, adding to a total of nearly 6 million shares repurchased. This strategic move aims to enhance shareholder value by reducing the number of shares outstanding, potentially boosting earnings per share and stock value.
For further insights into AU:PRN stock, check out TipRanks’ Stock Analysis page.