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PGC — Paragon Care News Story

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Australia's Paragon Care rises on share buyback

BUZZ-Australia's Paragon Care rises on share buyback 

** Shares of Australia's Paragon Care PGC.AX rise as much as 7.7% to A$0.14, their highest level since September 9

** Medical equipment supplier undertakes on-market buyback of up to 82.8 million ordinary shares

** Aggregate cash cost of share buyback to be A$10.8 million ($7.69 million)

** Stock has fallen 34.9% YTD, including session moves


($1 = 1.4037 Australian dollars)


(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

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