Pepper Money Limited (ASX:PPM) Announces Further Share Buy-Back
Share Buy-Back Details
Pepper Money Limited (ASX:PPM) will undertake an on-market share buy-back of up to 10% of its ordinary shares, amounting to 44,402,017 shares. The buy-back is set to commence on 8 May 2025 and will last for a period of up to 12 months.
Capital Management Strategy
The share buy-back will be conducted in the ordinary course of trading, with the number of shares purchased depending on market conditions, prevailing share price and other capital factors. Pepper Money reserves the right to suspend or terminate the buy-back at any time.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.