On-Market Buy-Back

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Stock Pacific Current Group Ltd (PAC.ASX)
Release Time 15 Oct 2025, 9:34 a.m.
Price Sensitive Yes
 Pacific Current Group Announces On-Market Buy-Back
Key Points
  • Pacific Current Group to undertake on-market buy-back of up to 2,000,000 shares
  • Buy-back to be funded from existing cash reserves
  • Buy-back expected to enhance shareholder value by reducing shares on issue
Full Summary

Pacific Current Group Limited ('PAC' or the 'Company'), a global multi-boutique asset management firm, has announced its intention to undertake an on-market buy-back of its fully paid ordinary shares (Shares) as part of its ongoing capital management strategy. The buy-back will commence on 30 October 2025 and may continue until 29 October 2026, unless completed earlier. The Company intends to purchase up to 2,000,000 Shares, approximately 6.8% of its issued Share capital, with the buy-back to be funded from existing cash reserves. The Board believes that the buy-back represents an efficient use of capital and is in the best interests of shareholders, particularly in light of the Company's strong balance sheet and current share price levels. The buy-back is expected to enhance shareholder value by reducing the number of shares on issue and thereby increasing earnings per share. The buy-back will be conducted in accordance with the Corporations Act 2001 and the ASX Listing Rules. The Company reserves the right to vary, suspend or terminate the buy-back at any time. As previously disclosed, the Company remains committed to supporting the growth of its Portfolio companies and will continue to actively pursue new strategic investment opportunities with a focus on the domestic market.