Pengana International Equities Receives Buy-Back Elections for 152.4 Million Shares
MT Newswires Live
Sep 22
Pengana International Equities (ASX:PIA) said valid buy-back elections had been received for 152.4 million ordinary shares, representing about 59.08% of shares eligible to be purchased under the buy-back, as of Sept. 21, according to a Tuesday Australian bourse filing.
The company said the calculation date for the buy-back price is Sept. 25, with cancellation of accepted shares on the register scheduled for Sept. 29, and payment of the buy-back price expected between Oct. 6 and Oct. 9.
The company's shares rose 2% on market close.
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