Praemium Ltd (AU:PPS) has released an update.
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Praemium Ltd has announced an update on its ongoing on-market buy-back program, revealing that a total of 347,118 ordinary fully paid shares were repurchased on the previous day, adding to a cumulative total of 39,469,640 shares bought back. This move is part of the company’s strategy to enhance shareholder value by reducing the number of shares outstanding in the market.
For further insights into AU:PPS stock, check out TipRanks’ Stock Analysis page.