Praemium Ltd (AU:PPS) has released an update.
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Praemium Ltd has announced a daily update on its ongoing on-market buy-back program, revealing that it bought back 80,000 ordinary fully paid shares on the previous day, bringing the total number of shares repurchased to over 41 million. This move is part of the company’s broader strategy to enhance shareholder value by reducing the number of outstanding shares.
For further insights into AU:PPS stock, check out TipRanks’ Stock Analysis page.