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Perenti Limited Updates on Ongoing Share Buy-Back Program

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Perenti Limited Updates on Ongoing Share Buy-Back Program

The latest update is out from Perenti Global ( (AU:PRN) ).

Perenti Limited has announced an update regarding its ongoing on-market buy-back program. The company reported that it has repurchased a total of 156,634 ordinary fully paid securities on the previous day, adding to the cumulative total of 10,280,847 securities bought back to date. This buy-back initiative is part of Perenti’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Perenti Global

YTD Price Performance: 9.52%

Average Trading Volume: 3,700

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $751.8M

For detailed information about PRN stock, go to TipRanks’ Stock Analysis page.

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