Australia's Perenti rises on share buy-back program

Perenti

09/10/2023 01:32

** Shares of Australia's Perenti  PRN.AX  rise as much as
2.5% to A$1.03, set to gain most since Oct 2
    ** Diversified mining services provider launches an
on-market share buy-back program
    ** Says buy-back program to purchase up to 60 mln shares
    ** Stock has fallen 24% this year, as of last close 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))