ASX:PRUMetals and Mining
Does Perseus Mining's (ASX:PRU) Share Buy-Back Reflect Strategic Confidence or Caution?
Perseus Mining Limited announced in the past week that its Board has authorized a new on-market share buy-back program, aiming to repurchase up to 40,000,000 shares (2.96% of its share capital) for up to A$100 million, set to continue through August 28, 2026.
This initiative marks a clear signal of the company’s focus on capital management and reinforces management’s confidence in Perseus Mining’s financial and operational outlook.
We’ll explore how the newly authorized buy-back could...