Australia's Perseus Mining hits record high on higher annual profit, buyback

Perseus Mining

26/08/2026 04:15

** Shares of Australia's Perseus Mining PRU.AX rise as much as 10.9% to hit a record high of A$6.8
** Stock hits biggest intra-day pct gain since Feb 24, 2022
** Stock among the top gainers on the benchmark .AXJO, which is down 0.2%  
** The gold producer posts FY profit after tax of $480.5 million, up 14% from last year
** Co logs FY revenue of $1,484 million, up 18% from last year
** Co declares final dividend of 9 AU cents/share, higher than 5 AU cents/share last year
** Also announced a renewed share buyback programme, with up to A$350 million ($251.26 million) to be invested in an on-market share buyback
**  YTD, PRU up 19% including day's moves, AXJO up 5%
($1 = 1.3930 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))