Perenti Global ( (AU:PRN) ) has shared an update.
Perenti Limited has announced an update regarding its ongoing share buy-back program, indicating the purchase of 163,634 ordinary fully paid securities on the previous day, adding to a total of 13,054,337 securities bought back to date. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial health and future prospects.
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 operations. It focuses on delivering comprehensive mining solutions to its clients, enhancing operational efficiencies and productivity in the mining sector.
YTD Price Performance: 13.61%
Average Trading Volume: 3,700
Technical Sentiment Signal: Strong Sell
Current Market Cap: $695.5M
Learn more about PRN stock on TipRanks’ Stock Analysis page.