Pro Medicus Limited Announces Cessation of Securities

Story Highlights
Pro Medicus Limited Announces Cessation of Securities

Pro Medicus Limited ( (AU:PME) ) has issued an announcement.

Pro Medicus Limited announced the cessation of 1,220 ordinary fully paid securities due to an on-market buy-back, effective March 28, 2025. This move is part of the company’s capital management strategy, potentially impacting its financial structure and shareholder value by reducing the number of outstanding shares.

More about Pro Medicus Limited

Pro Medicus Limited operates in the healthcare technology industry, providing advanced imaging software and services primarily for medical professionals and healthcare facilities. The company focuses on delivering innovative solutions that enhance diagnostic imaging capabilities and streamline healthcare workflows.

YTD Price Performance: -16.19%

Average Trading Volume: 504

Technical Sentiment Signal: Sell

Current Market Cap: $13.29B

Learn more about PME stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App