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Perenti Limited Updates on Ongoing Buy-Back Program

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Perenti Limited Updates on Ongoing Buy-Back Program

Perenti Global ( (AU:PRN) ) has shared an update.

Perenti Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 161,230 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 10,437,481 securities bought back. This buy-back initiative is part of Perenti’s strategy to optimize its capital structure 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 services. The company is focused on delivering efficient and effective solutions to mining operations globally.

YTD Price Performance: 9.65%

Average Trading Volume: 3,700

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $731.8M

See more insights into PRN stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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