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Perenti Limited Updates on Market Buy-Back Program

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Perenti Limited Updates on Market Buy-Back Program

Perenti Global ( (AU:PRN) ) just unveiled an announcement.

Perenti Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 9,819,046 securities have been bought back before the previous day, with an additional 154,595 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.

More about Perenti Global

Perenti Limited is a company operating in the mining services industry, providing a range of services including drilling, blasting, and other mining-related activities. The company focuses on delivering comprehensive mining solutions to its clients, enhancing operational efficiencies and productivity.

YTD Price Performance: 9.65%

Average Trading Volume: 3,700

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $744.7M

See more data about PRN stock on TipRanks’ Stock Analysis page.

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