Extension of Buy-Back
| Stock | Perseus Mining Ltd (PRU.ASX) |
|---|---|
| Release Time | 25 Nov 2025, 5:01 p.m. |
| Price Sensitive | Yes |
Perseus Mining Extends A$100M Share Buy-Back Program
- Perseus Mining extends its on-market share buy-back program of up to A$100 million
- Buy-back program extended for a further 9 months until August 2026
- Timing and amount of shares bought back will depend on market conditions and Perseus's capital requirements
Perseus Mining Limited (ASX/TSX:PRU) has announced a further extension of its on-market share buy-back program of up to A$100 million. The company had previously announced the renewal of the buy-back program on 28 August 2025, with the program set to run for 12 months. As Perseus has not acquired any further shares since then, and two months have passed, the company is required to issue a further notice to ASIC to extend the program. The company has issued this further notice, with the extended period to run until 28 August 2026, on the same basis as before. The buy-back will be conducted in the ordinary course of trading over the next 9 months. The final amount of the buy-back and the exact timing of any trades will depend on several factors, including market conditions, Perseus's prevailing share price, its future capital requirements, and any unforeseen developments or circumstances that may arise. Perseus reserves the right to suspend or terminate the buy-back at any time, having regard to these factors and the best interests of the company.